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