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UFP TECHNOLOGIES INC — Director's Dealing 2020
Feb 19, 2020
31860_dirs_2020-02-19_eb20cdce-e0d9-4723-8c2d-9b97633f1f6c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UFP TECHNOLOGIES INC (UFPT)
CIK: 0000914156
Period of Report: 2020-02-18
Reporting Person: Litterio Christopher P. (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-18 | Common Stock, $.01 Par Value | A | 1930 | — | Acquired | 3219 | Direct |
Footnotes
F1: Represents restricted stock units granted on February 19, 2019, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined that the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2021 and with respect to an additional one-third on each of March 1, 2022 and 2023, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.