CECO ENVIRONMENTAL CORP — Director's Dealing 2017

Jun 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CECO ENVIRONMENTAL CORP (CECE)
CIK: 0000003197
Period of Report: 2017-06-10

Reporting Person: Sadlowski Dennis (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-10	Common Stock	A	23511	$0.00	Acquired	43981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-10	Performance Units	$	A	1400000	Acquired		Common Stock ()	Direct

Footnotes

F1: Reflects the maximum number of Performance Units that could be earned under this award. Each Performance Unit represents the equivalent of $1.00. In general, from 0% to 100% of the maximum award will vest on June 10, 2020, based on the extent to which stock price performance goals (based on the highest average market value per share of the Issuer's Common Stock during any period of 30 consecutive trading days) are achieved from June 10, 2018 to June 10, 2020, subject to continuous employment through the vesting date. Vested Performance Units will be paid in Issuer Common Stock based on the highest stock price performance hurdle achieved during the performance period, as set forth in the applicable award agreement.