0001014108-23-000067.txt : 20230321
0001014108-23-000067.hdr.sgml : 20230321
20230321182112
ACCESSION NUMBER: 0001014108-23-000067
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230317
FILED AS OF DATE: 20230321
DATE AS OF CHANGE: 20230321
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sharma Arjun
CENTRAL INDEX KEY: 0001471268
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14962
FILM NUMBER: 23750797
MAIL ADDRESS:
STREET 1: 50 PARK ROW WEST
CITY: PROVIDENCE
STATE: RI
ZIP: 02903
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CIRCOR INTERNATIONAL INC
CENTRAL INDEX KEY: 0001091883
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
IRS NUMBER: 043477276
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O CIRCOR INC
STREET 2: 30 CORPORATE DR., SUITE 200
CITY: BURLINGTON
STATE: MA
ZIP: 01803-4238
BUSINESS PHONE: 7812701200
MAIL ADDRESS:
STREET 1: C/O CIRCOR INC
STREET 2: 30 CORPORATE DR., SUITE 200
CITY: BURLINGTON
STATE: MA
ZIP: 01803-4238
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0407
4
2023-03-17
0
0001091883
CIRCOR INTERNATIONAL INC
CIR
0001471268
Sharma Arjun
30 CORPORATE DRIVE
SUITE 200
BURLINGTON
MA
01803-4238
0
1
0
0
CFO and SVP Bus Development
0
Common Stock
2023-03-17
4
M
0
1795
A
44419
D
Common Stock
2023-03-17
4
F
0
826
D
43593
D
Restricted Stock Unit
0
2023-03-17
2023-03-17
4
M
0
1795
0
D
2023-03-17
2031-03-17
Common Stock
1795
1795
D
Restricted Stock Unit
0
2023-03-17
2023-03-17
4
A
0
12240
0
A
2024-03-17
2033-03-17
Common Stock
12240
12240
D
Restricted Stock Unit (MSP)
0
2023-03-17
2023-03-17
4
A
0
17548
0
A
2026-03-17
2033-03-17
Common Stock
17548
17548
D
The Restricted Stock Units (RSUs), the conversion of which are reported herein, were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on 3/17/2021 utilizing a fair market value (FMV) of a share of the issuers stock of $39.82. The RSU grant vests in equal portions over a three year period, and are received by the Reporting Person upon vesting, on a one-for-one basis. This report reflects the vesting of one-third portion of the original RSU grant and the acquisition by the Reporting Person of the underlying shares minus sufficient shares withheld to pay applicable income taxes.
The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on each of the first three anniversaries of the grant date. The RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.
This Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuers Management Stock Purchase Plan (MSPP) whereby, pursuant to an advanced election by the executive, he or she receives RSUs in lieu of a specified percentage or dollar amount of his or her annual incentive cash bonus. The RSUs are issued in whole units at a 33 percent discount from fair market value of the issuers common stock on the award date and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.
Exhibit List: Exhibit 24 - Power of Attorney
/s/Paul Caron, Attorney-in-Fact for Arjun Sharma
2023-03-21
EX-24
2
sharma-poa.txt
POWER OF ATTORNEY
LIMITED POWER OF ATTORNEY
FOR
CIRCOR INTERNATIONAL, INC.
SECTION 16(a) FILINGS
Know all by those present that the undersigned hereby constitutes
and appoints each of Paul Caron, Ted Sanders and Jessica W. Wenzell signing
singly, the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer, director and/or stockholder of CIRCOR International,
Inc. (the "Company"), Forms 3, 4, and 5 and amendments thereto in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder;
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form
3, 4, or 5 or amendment thereto and timely file such form with the United
States Securities and Exchange Commission (the "SEC") and any stock exchange
or similar authority; and
(3) take any other action of any type whatsoever which, in the opinion of
such attorney-in-fact, may be necessary or desirable in connection with the
foregoing authority, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power of
Attorney shall be in such form and shall contain such terms and conditions
as such attorney-in-fact may approve.
The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of
the undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
xchange Act of 1934.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities of the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorney's-in-fact. This Power of Attorney may be filed with the
SEC as a confirming statement of the authority granted herein.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 22nd day of September 2022.
/s/Arjun Sharma
Arjun Sharma