AI assistant
FEDERAL SIGNAL CORP /DE/ — Director's Dealing 2021
Mar 5, 2021
30797_dirs_2021-03-05_9931d2a6-ad1a-49a7-abff-991423e96720.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FEDERAL SIGNAL CORP /DE/ (FSS)
CIK: 0000277509
Period of Report: 2021-03-03
Reporting Person: SHERMAN JENNIFER L (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-03 | Common Stock | A | 72471 | — | Acquired | 409034.1434 | Direct |
| 2021-03-03 | Common Stock | F | 32098 | $37.98 | Disposed | 376936.1434 | Direct |
| 2021-03-03 | Common Stock | M | 68681 | $5.50 | Acquired | 445617.1434 | Direct |
| 2021-03-03 | Common Stock | S | 68681 | $38.1816 | Disposed | 376936.1434 | Direct |
| 2021-03-03 | Common Stock | M | 44078 | $8.40 | Acquired | 421014.1434 | Direct |
| 2021-03-03 | Common Stock | S | 44078 | $38.1816 | Disposed | 376936.1434 | Direct |
| 2021-03-04 | Common Stock | M | 6478 | $8.40 | Acquired | 383414.1434 | Direct |
| 2021-03-04 | Common Stock | S | 6478 | $37.5916 | Disposed | 376936.1434 | Direct |
| 2021-03-04 | Common Stock | M | 118485 | $12.66 | Acquired | 495421.1434 | Direct |
| 2021-03-04 | Common Stock | S | 49460 | $37.5916 | Disposed | 445961.1434 | Direct |
| 2021-03-04 | Common Stock | S | 69025 | $36.8866 | Disposed | 376936.1434 | Direct |
| 2021-03-05 | Common Stock | M | 33031 | $14.48 | Acquired | 409967.1434 | Direct |
| 2021-03-05 | Common Stock | S | 33031 | $36.6243 | Disposed | 376936.1434 | Direct |
| 2021-03-05 | Common Stock | M | 32000 | $16.09 | Acquired | 408936.1434 | Direct |
| 2021-03-05 | Common Stock | S | 32000 | $36.2513 | Disposed | 376936.1434 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-03 | Stock Option (right-to-buy) | $5.5 | M | 68681 | Disposed | 2022-05-09 | Common Stock (68681.0) | Direct |
| 2021-03-03 | Stock Option (right-to-buy) | $8.4 | M | 44078 | Disposed | 2023-05-09 | Common Stock (44078.0) | Direct |
| 2021-03-04 | Stock Option (right-to-buy) | $8.4 | M | 6478 | Disposed | 2023-05-09 | Common Stock (6478.0) | Direct |
| 2021-03-04 | Stock Option (right-to-buy) | $12.66 | M | 118485 | Disposed | 2026-05-05 | Common Stock (118485.0) | Direct |
| 2021-03-05 | Stock Option (right-to-buy) | $14.48 | M | 33031 | Disposed | 2024-05-05 | Common Stock (33031.0) | Direct |
| 2021-03-05 | Stock Option (right-to-buy) | $16.09 | M | 32000 | Disposed | 2025-04-10 | Common Stock (32000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 57124.30 | Indirect |
Footnotes
F1: 2571.5677 shares were acquired through the dividend reinvestment plan.
F2: This transaction was executed in multiple trades; the price reported above reflects the weighted average sale price.
F3: This transaction was executed in multiple trades at prices ranging from $36.70 to $37.25; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F4: This transaction was executed in multiple trades at prices ranging from $36.40 to $37.10; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request of the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F5: This transaction was executed in multiple trades at prices ranging from $36.25 to $36.37; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F6: 773.3 additional shares were acquired through the Company's 401(k) Savings Plan.
F7: The option vested in three equal installments on May 9, 2013, 2014 and 2015.
F8: The option vested in three equal installments on May 9, 2014, 2015, and 2016.
F9: The options exercised vested on May 5, 2017 and May 5, 2018. The remaining 59,242 options vested on May 5, 2019.
F10: The option vested in three equal installments on May 5, 2015, 2016, and 2017.
F11: The option vested in three equal installments on April 10, 2016, 2017, and 2018.