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ANGIODYNAMICS INC — Director's Dealing 2021
Aug 17, 2021
32939_dirs_2021-08-17_d4231783-4321-46d9-9a89-bb6a6189bd0e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ANGIODYNAMICS INC (ANGO)
CIK: 0001275187
Period of Report: 2021-08-12
Reporting Person: Clemmer James C (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-12 | Common Stock | M | 19387 | $0.00 | Acquired | 378554 | Direct |
| 2021-08-12 | Common Stock | F | 9021 | $27.29 | Disposed | 369533 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-12 | Performance Right | $ | M | 50139 | Disposed | Common Stock (50139) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Right | $ | Common Stock (52378) | 52378 | Direct |
Footnotes
F1: This acquisition of 19,387 shares of common stock ("Common Stock") of AngioDynamics, Inc. (the "Company"), represents shares acquired through the vesting and settlement of performance share units granted to the reporting person on October 16, 2019.
F2: The exempt disposition of 9,021 shares of Common Stock of the Company was made to satisfy tax withholding obligations in connection with the pre-determined vesting of shares underlying performance share units granted to the reporting person on October 16, 2019.
F3: On October 16, 2019, the reporting person received a target grant of 50,139 performance share units. Between 0% and 200% of the target number was to be earned based equally on revenue growth and adjusted earnings per share growth over a three-year performance period with a potential upward or downward 20% adjustment on the calculated achievement based on total shareholder return relative to a peer group of companies over a three-year performance period (for a total potential payout of up to 240% of the target number in the aggregate). Based on performance over the period, 2,395 shares of Common Stock were issued to the reporting person under this grant and the remaining performance share units were forfeited.
F4: These securities were previously reported on the Form 4 filed by the reporting person on July 23, 2021. Due to a clerical error, the vesting terms were incorrectly stated in footnote 5 thereof. The correct number of target shares of Common Stock that may be earned includes a potential upward or downward 20% adjustment on the calculated achievement based on total shareholder return relative to a peer group of companies over a three-year performance period (for a total potential payout of up to 240% of the target number in the aggregate).