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Array Technologies, Inc. Director's Dealing 2020

Oct 19, 2020

32065_dirs_2020-10-19_17b7dc4a-25fe-416d-84d8-2bd6359df4b1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Array Technologies, Inc. (ARRY)
CIK: 0001820721
Period of Report: 2020-10-19

Reporting Person: Bolland Stuart M. (Chief Operations Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-10-19 Common Stock, par value $0.001 per share P 53461 $22.00 Acquired 53461 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-10-19 Restricted Stock Units $ A 17820 Acquired Common Stock, par value $0.001 per share (17820) Direct

Footnotes

F1: Represents common stock acquired in connection with Mr. Bolland's reinvestment of his after-tax value distributions received in respect of his vested Class B Common Units in ATI Investment Parent, LLC in connection with the initial public offering of Array Technologies, Inc.'s common stock, which closed on October 19, 2020. These shares of common stock were purchased at the public offering price of $22.00 per share.

F2: Represents restricted stock units which will vest in three equal annual installments beginning on the first anniversary of October 19, 2020.