Williams Patrick's Form 4 filing
Innospec Inc.IOSP · filed Feb 26, 2024
- Accession no.
- 0000950170-24-020486
- Filed
- Feb 26, 2024
- Trade date
- Feb 22-23, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.20M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Williams PatrickCIK 0001338883 | Officer (PRESIDENT & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 22, 2024 | Common Stock | MOption exerciseAcquired | +1,318 | $99.85 | +$131,602.3 | 156,318 | Direct | |
| Feb 22, 2024 | Common Stock | DReturned to the companyDisposed | −1,318 | $123.96F1 | −$163,379.28 | 155,000 | Direct | |
| Feb 22, 2024 | Common Stock | AGrant or awardAcquired | +29,001 | $0.00 | $0 | 184,001 | Direct | |
| Feb 23, 2024 | Common Stock | SSaleDisposed | −2,757 | $123.63F3 | −$340,847.91 | 181,244 | Direct | |
| Feb 23, 2024 | Common Stock | SSaleDisposed | −6,899 | $124.66F4 | −$860,029.34 | 174,345 | Direct | |
| Feb 23, 2024 | Common Stock | SSaleDisposed | −11 | $125.15 | −$1,376.65 | 174,334 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 22, 2024 | Common Stock | MOption exerciseDisposed | −1,318 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Stock Appreciation Right. Vested on February 22, 2024. Vested rights were paid in cash on February 22, 2024 based upon the difference in the closing price of the Company's common stock on the date of grant ($99.85, on February 22, 2021) and on the date of exercise ($123.96, on February 22, 2024).
Referenced by the price of 1 transaction in Table I.
- F3
This transaction was executed in multiple trades at prices ranging from $123.11 to $124.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $124.12 to $125.06. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Referenced by the price of 1 transaction in Table I.