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Array Technologies, Inc. — Director's Dealing 2020
Oct 19, 2020
32065_dirs_2020-10-19_c4e56368-cd0c-4efe-94fb-27452fa75e81.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: Krantz Jeffrey P. (Chief Commercial 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 | 71281 | $22.00 | Acquired | 71281 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-19 | Restricted Stock Units | $ | A | 23760 | Acquired | Common Stock, par value $0.001 per share (23760) | Direct |
Footnotes
F1: Represents common stock acquired in connection with Mr. Krantz'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.