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GORMAN RUPP CO — Director's Dealing 2023
Feb 24, 2023
32094_dirs_2023-02-24_d99bf17c-c39e-4024-9f38-dc4ef15117b7.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: Burnell Brigette A (EVP, Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-22 | Common Stock | A | 781 | $0.00 | Acquired | 12161 | Direct |
| 2023-02-22 | Common Stock | F | 233 | $28.61 | Disposed | 11928 | Direct |
| 2023-02-22 | Common Stock | A | 6723 | $0.00 | Acquired | 18651 | Direct |
| 2023-02-22 | Common Stock | F | 2007 | $28.61 | Disposed | 16644 | Direct |
| 2023-02-22 | Common Stock | A | 2621 | $0.00 | Acquired | 19265 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock (Company Stock Plan) | 2022 | Direct |
| Common Stock (Dividend Reinvestment Plan) | 388 | Direct |
| Common Stock (401-K Plan) | 348 | 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 7,538 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 42 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2023 and February 22, 2023.