David S. Lambert - 08 Mar 2024 Form 4 Insider Report for Distribution Solutions Group, Inc. (DSGR)

Signature
/s/ Richard D. Pufpaf, Attorney-in-Fact
Issuer symbol
DSGR
Transactions as of
08 Mar 2024
Net transactions value
+$25,133
Form type
4
Filing time
12 Mar 2024, 16:42:27 UTC
Previous filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSGR Common Stock Award $39,876 +1,301 +100% $30.65 2,603 08 Mar 2024 Direct F1
transaction DSGR Common Stock Tax liability $14,743 -481 -18% $30.65 2,122 08 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares earned in respect of a ROIC-based performance award originally granted on June 15, 2021. On March 8, 2024, the Compensation Committee (the "Committee") confirmed the achievement of the applicable performance metric, which was based on a Return on Invested Capital ("ROIC") goal for the performance cycle commencing on January 1, 2021, and continuing through December 31, 2023. Following the conclusion of the three-year performance cycle, the Committee confirmed the performance of the Company relative to these goals at 108.8%.
F2 Reflects shares delivered to the company to cover taxes upon vesting of the restricted stock units.