BAILLY R JEFFREY bought UFPT
February 11, 2025 · Form 4 insider transaction
BAILLY R JEFFREY bought 10,140 shares of UFP Technologies, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents restricted stock units granted on February 6, 2024, under the Issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the Issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2025 and with respect to an additional one-third on each of March 1, 2026 and 2027, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.; The reporting person also holds 28,706 shares of UFP Technologies, Inc. indirectly by Trust. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.