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POWELL INDUSTRIES INC Director's Dealing 2022

Oct 4, 2022

31229_dirs_2022-10-04_b3f858f1-512d-49fa-8d91-c18aadbdc026.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2022-10-01

Reporting Person: METCALF MICHAEL WILLIAM (Exec Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-10-01 Common Stock A 10000 $0.00 Acquired 29767 Direct
2022-10-01 Common Stock F 733 $21.26 Disposed 29034 Direct
2022-10-01 Common Stock A 6300 $0.00 Acquired 35334 Direct

Footnotes

F1: Shares granted under the Company's long-term equity compensation plan (time-vesting restricted stock unit agreement) which will equally vest on the second and third anniversaries of October 1, 2022, subject to the participant's continuous service with the Company.

F2: Includes shares that have a time-based vesting provision.

F3: Represents the average of the high and low stock price on 09/30/2022.

F4: Represents time-based RSU awards that will vest in three equal annual installments on the first, second and third anniversaries of October 1, 2022, subject to the Reporting Person's continued employment with the Company.