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STRATTEC SECURITY CORP — Director's Dealing 2024
Oct 29, 2024
33409_dirs_2024-10-29_d36d05d3-5d68-4727-b7eb-c9978a029c79.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STRATTEC SECURITY CORP (STRT)
CIK: 0000933034
Period of Report: 2024-10-25
Reporting Person: Slater Jennifer Lynn (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-25 | Common Stock, par value $0.01 per share | A | 12618 | — | Acquired | 12618 | Direct |
| 2024-10-25 | Common Stock, par value $0.01 per share | A | 25236 | — | Acquired | 37854 | Direct |
| 2024-10-25 | Common Stock, par value $0.01 per share | A | 16878 | — | Acquired | 54732 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-10-25 | Performance Restricted Stock Units | $ | A | 16878 | Acquired | 2027-09-30 | Common Stock, par value $0.01 per share (16878) | Direct |
Footnotes
F1: Grant of shares of restricted stock which vest on July 1, 2025.
F2: Grant of shares of restricted stock which vest in equal portions on on July 1, 2026 and July 1, 2027.
F3: Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of October 25, 2025, October 25, 2026, and October 25, 2027).
F4: Each performance restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending June 27, 2027.