Austin J. Shanfelter - Sep 12, 2022 Form 4/A - Amendment Insider Report for Orion Group Holdings Inc (ORN)

Role: Executive Chairman
Signature: Austin J Shanfelter, Executive Chairman
Stock symbol: ORN
Transactions as of: Sep 12, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 9/28/2022, 11:42 AM
Date Of Original Report: Sep 14, 2022
Previous filing: May 23, 2022
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ORN	Common Stock	Options Exercise	$0	+179K	+109.37%	$0.00	343K	Sep 12, 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ORN	Time Vested Restricted Stock Units	Options Exercise	$0	-179K	-100%	$0.00^*	0	Sep 12, 2022	Common Stock	179K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On September 12, 2022, Mr. Shanfelter filed a Form 4 to report the vesting of 179,211 restricted stock units into shares of common stock and corresponding withholding of 40,054 shares of common stock to satisfy tax withholding obligations. This amendment to the Form 4 is being filed to amend the first row in Table 1, and to add a row in Table 2, with respect to the foregoing transaction. The second line of Table I remains unchanged , thus accurately reporting Mr. Shanfelter's current beneficial ownership of 303,922 shares in Column 5 of Table I.
F2	Vesting of time vested restricted stock units (awarded May 19, 2022) as a result of Mr. Shanfelter fulfilling his term as Interim Chief Executive Officer on September 12, 2022.
F3	Represents Time Vested Restricted Stock Units that cliff vest and were to be settled at the time Mr. Shanfelter fulfilled his term as Interim Chief Executive Officer.