AngioDynamics Inc. (ANGO) SVP receives 8,047 shares, 4,506 withheld for tax
Rhea-AI Filing Summary
AngioDynamics Inc. executive Laura Piccinini, SVP International, reported vesting of performance share units granted on July 19, 2023. A target grant of 28,336 units resulted in 8,047 common shares being issued, while 4,506 shares were withheld at $13.82 per share for taxes and the remaining units were forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,541 shares
Net Buy
3 txns
Insider
Piccinini Laura
Role
SVP International
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Right F3 | 28,336 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 8,047 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 4,506 | $13.82 | $62K |
Holdings After Transaction:
Performance Right — 0 shares (Direct);
Common Stock — 81,929 shares (Direct)
Footnotes (3)
- F1. This acquisition of 8,047 shares of Common Stock ("Common Stock") of AngioDynamics, Inc. ("AngioDynamics") represents shares acquired through the vesting and settlement of performance share units granted to the reporting person on July 19, 2023.
- F2. The exempt disposition of 4,506 shares of Common Stock of AngioDynamics was made to satisfy tax withholding obligations in connection with the pre-determined vesting of shares underlying performance share units granted to the reporting person on July 19, 2023.
- F3. On July 19, 2023, the reporting person received a target grant of 28,336 performance share units. Between 0% and 200% of the target number was to be earned based on achievement of pre-determined performance metrics for fiscal years 2024, 2025 and 2026 as determined by the compensation committee. In addition, 20% of the total shares earned could be awarded (or cancelled) based on total shareholder return relative to a peer group of companies over a three-year performance period in accordance with performance metrics. Based on performance over the period, 8,047 shares of Common Stock were issued to the reporting person under this grant and the remaining shares were forfeited.
Key Figures
Performance share units target grant: 28,336 units
Common shares issued from PSUs: 8,047 shares
Shares withheld for taxes: 4,506 shares
+4 more
7 metrics
Performance share units target grant
28,336 units
Target number of performance share units granted on July 19, 2023
Common shares issued from PSUs
8,047 shares
Shares of Common Stock issued upon vesting and settlement of performance share units
Shares withheld for taxes
4,506 shares
Common shares withheld as an exempt disposition to satisfy tax withholding obligations
Tax withholding price
$13.82 per share
Per-share value used for shares withheld to cover tax liabilities
Performance multiplier range
0% to 200%
Range of units earnable versus target based on performance metrics
TSR-based adjustment portion
20%
Portion of total shares earned subject to total shareholder return adjustment
Performance measurement fiscal years
2024, 2025, 2026
Fiscal years used to assess performance for the share unit award
Key Terms
performance share units, tax withholding obligations, exempt disposition, total shareholder return, +1 more
5 terms
tax withholding obligations financial
"made to satisfy tax withholding obligations in connection with the pre-determined vesting"
exempt disposition regulatory
"The exempt disposition of 4,506 shares of Common Stock of AngioDynamics"
peer group of companies financial
"relative to a peer group of companies over a three-year performance period"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did AngioDynamics (ANGO) report for Laura Piccinini?
AngioDynamics reported that SVP International Laura Piccinini settled a performance share unit award granted on July 19, 2023. The settlement delivered 8,047 shares of Common Stock, with the balance of the original units forfeited based on the award’s performance conditions.
Were the AngioDynamics (ANGO) transactions for Laura Piccinini under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox was not marked as affirmative, and no footnote describes a trading plan. The reported vesting, withholding and forfeiture reflect pre-determined terms of a performance share unit award rather than an automatic share-sale program.
Does Laura Piccinini retain any performance rights from this AngioDynamics (ANGO) grant?
For this specific grant, the reporting shows 28,336 performance share units settled, with 8,047 shares issued and the remaining units forfeited. The derivative position for these performance rights is reported at 0 units following the transaction, indicating this award cycle is complete.