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Thermon Group Holdings, Inc. Director's Dealing 2017

Jun 22, 2017

14817_dirs_2017-06-21_cf890049-30fa-42d4-909d-19f19ca21c9a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Thermon Group Holdings, Inc. (THR)
CIK: 0001489096
Period of Report: 2017-06-19

Reporting Person: VAN DER SALM JOHANNES RENE (SVP - Global Operations)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-19 Restricted Stock Units $0.0 A 6472 Acquired 2020-06-19 Common Stock (6472.0) Direct
2017-06-19 Performance Units $0.0 A 6472 Acquired 2020-03-31 Common Stock (6472.0) Direct
2017-06-19 Performance Units $0.0 A Acquired 2020-03-31 Common Stock () Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 175441 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $0.0 2017-07-31 Common Stock (1482.0) 1482 Direct
Restricted Stock Units $0.0 2019-05-20 Common Stock (4313.0) 4313 Direct
Stock Option (Right to Buy) $12.0 2021-05-04 Common Stock (5000.0) 5000 Direct
Restricted Stock Units $0.0 2018-07-30 Common Stock (2984.0) 2984 Direct
Performance Units $0.0 2019-03-31 Common Stock (6469.0) 6469 Direct
Performance Units $0.0 2018-03-31 Common Stock (9035.0) 9035 Direct
Performance Units $0.0 2019-03-31 Common Stock (3028.0) 3028 Direct

Footnotes

F1: On June 19, 2017, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.

F2: On June 19, 2017, the reporting person was granted a performance unit award vesting on March 31, 2020, subject to the Issuer's adjusted EBITDA performance goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.

F3: On June 19, 2017, the reporting person was granted a performance unit award vesting on March 31, 2020, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The value reflected in this filing is the grant date fair value. The number of shares subject to the award will be determined based on the application of a Monte Carlo simulation. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.

F4: On July 31, 2014, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.

F5: On May 20, 2016, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.

F6: On May 4, 2011, the reporting person was granted a stock option award vesting in equal annual installments on the first, second, third, fourth and fifth anniversaries of the award. The number of options reflected in this filing represents unexercised options.

F7: On July 30, 2015, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.

F8: On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's adjusted EBITDA performance goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.

F9: On July 30, 2015, the reporting person was granted a performance unit award vesting on March 31, 2018, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.

F10: On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.