0001489096-24-000091.txt : 20240516
0001489096-24-000091.hdr.sgml : 20240516
20240516153822
ACCESSION NUMBER: 0001489096-24-000091
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240514
FILED AS OF DATE: 20240516
DATE AS OF CHANGE: 20240516
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Thames Bruce
CENTRAL INDEX KEY: 0001640655
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35159
FILM NUMBER: 24955160
MAIL ADDRESS:
STREET 1: 100 THERMON DRIVE
CITY: SAN MARCOS
STATE: TX
ZIP: 78666
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Thermon Group Holdings, Inc.
CENTRAL INDEX KEY: 0001489096
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620]
ORGANIZATION NAME: 04 Manufacturing
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_1715888289.xml
FORM 4
X0508
4
2024-05-14
0
0001489096
Thermon Group Holdings, Inc.
THR
0001640655
Thames Bruce
7171 SOUTHWEST PARKWAY
BUILDING 300, SUITE 200
AUSTIN
TX
78735
1
1
0
0
President & CEO
0
Common Stock
2024-05-14
4
A
0
34650
0
A
292835
D
Common Stock
2024-05-14
4
A
0
24865
0
A
317700
D
Common Stock
2024-05-14
4
F
0
23418
34.15
D
294282
D
On June 1, 2021, the reporting person was granted a performance unit award vesting on March 31, 2024, subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 25,604 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2024, the reporting person actually earned approximately 135%, or 34,650 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 14, 2024.
On June 1, 2021, the reporting person was granted a performance unit award vesting on March 31, 2024, subject to the Issuer's compensation committee certifying the Issuer's relative total shareholder return during the applicable performance period as further specified in the equity award agreement. Of the 15,457 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2024, the reporting person actually earned approximately 161%, or 24,865 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 14, 2024.
These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units following certification by the Issuer's compensation committee of the achievement of the performance goal specified in the applicable equity award agreement on May 14, 2024.
Sales price is the fair market value on Tuesday, May 14, 2024.
Includes 48,249 restricted stock units held by the reporting person.
/s/ Ryan Tarkington, Attorney-in-Fact
2024-05-16