GRIFFON CORP — Director's Dealing 2021

Jul 29, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRIFFON CORP (GFF)
CIK: 0000050725
Period of Report: 2021-07-28

Reporting Person: KRAMER RONALD J (Director, Chairman of the Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-28	Common Stock	G	2000	—	Disposed	2127924	Direct
2021-07-28	Common Stock	A	288000	—	Acquired	2415924	Direct
2021-07-28	Common Stock	A	288000	—	Acquired	2703924	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2838	Indirect
Common Stock	40298	Indirect

Footnotes

F1: Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on December 20, 2021.

F2: Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on January 27, 2025.

F3: Reflects ESOP allocations as a result of dividends paid on shares previously allocated to the reporting person under the ESOP.