0001489096-23-000051.txt : 20230519
0001489096-23-000051.hdr.sgml : 20230519
20230519203128
ACCESSION NUMBER: 0001489096-23-000051
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230517
FILED AS OF DATE: 20230519
DATE AS OF CHANGE: 20230519
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cerovski Thomas N
CENTRAL INDEX KEY: 0001764878
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35159
FILM NUMBER: 23942158
MAIL ADDRESS:
STREET 1: 7171 SOUTHWEST PARKWAY
STREET 2: BUILDING 300, SUITE 200
CITY: AUSTIN
STATE: TX
ZIP: 78735
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Thermon Group Holdings, Inc.
CENTRAL INDEX KEY: 0001489096
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620]
IRS NUMBER: 272228185
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 7171 SOUTHWEST PARKWAY
STREET 2: BUILDING 300, SUITE 200
CITY: AUSTIN
STATE: TX
ZIP: 78735
BUSINESS PHONE: 5126900600
MAIL ADDRESS:
STREET 1: 7171 SOUTHWEST PARKWAY
STREET 2: BUILDING 300, SUITE 200
CITY: AUSTIN
STATE: TX
ZIP: 78735
4
1
wk-form4_1684542678.xml
FORM 4
X0407
4
2023-05-17
0
0001489096
Thermon Group Holdings, Inc.
THR
0001764878
Cerovski Thomas N
7171 SOUTHWEST PARKWAY
BUILDING 300, SUITE 200
AUSTIN
TX
78735
0
1
0
0
SVP, Global Sales
0
Common Stock
2023-05-17
4
A
0
6613
0
A
31900
D
Common Stock
2023-05-17
4
F
0
2789
21.44
D
29111
D
Common Stock
2023-05-17
4
A
0
3716
0
A
32827
D
Common Stock
2023-05-17
4
F
0
1313
21.44
D
31514
D
On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 4,085 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 162%, or 6,613 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units.
Sales price is the fair market value on Wednesday, May 17, 2023.
On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 3,516 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 106%, or 3,716 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
Includes 20,507 restricted stock units held by the reporting person.
/s/ Ryan Tarkington, Attorney-in-Fact
2023-05-19