Christopher Gramm - Aug 23, 2024 Form 4 Insider Report for AdvanSix Inc. (ASIX)

Role
Controller
Signature
/s/ Achilles B. Kintiroglou for Christopher Gramm
Stock symbol
ASIX
Transactions as of
Aug 23, 2024
Transactions value $
-$81,896
Form type
4
Date filed
8/27/2024, 04:23 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASIX Common Stock, par value $0.01 Options Exercise $74.5K +5.21K +11.99% $14.29 48.7K Aug 23, 2024 Direct F1
transaction ASIX Common Stock, par value $0.01 Sale -$156K -5.21K -10.71% $30.00 43.5K Aug 23, 2024 Direct F1

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 ASIX Stock Option (right to buy) Options Exercise $0 -5.21K -50.25% $0.00 5.16K Aug 23, 2024 Common Stock, par value $0.01 5.21K $14.29 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercise of options and sale of the underlying shares reported here were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2024.
F2 This option vested in one-third increments on February 26, 2021, February 26, 2022 and February 26, 2023.