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GORMAN RUPP CO — Director's Dealing 2023
Feb 24, 2023
32094_dirs_2023-02-24_5331dab9-7bfb-4c55-bfd0-2cbbe2ffe92d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GORMAN RUPP CO (GRC)
CIK: 0000042682
Period of Report: 2023-02-22
Reporting Person: Wischmeier D Patrick (VP, Information Technology)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-22 | Common Stock | A | 468 | $0.00 | Acquired | 3332 | Direct |
| 2023-02-22 | Common Stock | F | 151 | $28.61 | Disposed | 3181 | Direct |
| 2023-02-22 | Common Stock | A | 3361 | $0.00 | Acquired | 6542 | Direct |
| 2023-02-22 | Common Stock | F | 1087 | $28.61 | Disposed | 5455 | Direct |
| 2023-02-22 | Common Stock | A | 873 | $0.00 | Acquired | 6328 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (Company Stock Plan) | 1827 | Direct |
| Common Stock (Dividend Reinvestment Plan) | 45 | Direct |
| Common Stock (401-K Plan) | 5486 | Indirect |
Footnotes
F1: Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2020-2022 performance period.
F2: Shares withheld for payment of tax liability.
F3: Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2021-2022 performance period.
F4: Represents restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest over three years in equal annual installments beginning on the first anniversary of the date of grant.
F5: Balance includes 1,557 unvested restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest between February 2023 and February 2026.
F6: Balance reflects 44 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2023 and February 22, 2023.