January 29, 2024 · Form 4 insider transaction
KRAMER RONALD J bought 135,000 shares of Griffon Corp 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 2 days after the transaction.
Represents a portion of the restricted shares granted to the reporting person on January 30, 2020 under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Such restricted shares were subject to both a service period (time-based vesting) and the attainment of specified performance criteria (performance-based vesting) related to the Company's stock price and the total shareholder return of the Company's stock relative to a market index. It was previously certified that the performance criteria was achieved to a certain extent and the shares related to such certification were reported on a Form 4 filed on September 28, 2022. Following the end of the performance period, on January 29, 2024, it was certified that the performance criteria was achieved with respect to an additional 135,000 shares.