0001179110-20-006337.txt : 20200519 0001179110-20-006337.hdr.sgml : 20200519 20200519180104 ACCESSION NUMBER: 0001179110-20-006337 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200515 FILED AS OF DATE: 20200519 DATE AS OF CHANGE: 20200519 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SHAUGHNESSY DENNIS J CENTRAL INDEX KEY: 0001229699 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33938 FILM NUMBER: 20894978 MAIL ADDRESS: STREET 1: 500 EAST PRATT STREET STREET 2: SUITE 1400 CITY: BALTIMORE STATE: MD ZIP: 21202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TESSCO TECHNOLOGIES INC CENTRAL INDEX KEY: 0000927355 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065] IRS NUMBER: 520729657 STATE OF INCORPORATION: DE FISCAL YEAR END: 0329 BUSINESS ADDRESS: STREET 1: 11126 MCCORMICK ROAD CITY: HUNT VALLEY STATE: MD ZIP: 21031 BUSINESS PHONE: 4102291000 MAIL ADDRESS: STREET 1: 11126 MCCORMICK ROAD CITY: HUNT VALLEY STATE: MD ZIP: 2121031 4 1 edgar.xml FORM 4 - X0306 4 2020-05-15 0 0000927355 TESSCO TECHNOLOGIES INC TESS 0001229699 SHAUGHNESSY DENNIS J 777 SOUTH FLAGLER DRIVE PHILLIPS POINT WEST TOWER SUITE 1500 WEST PALM BEACH FL 33401 1 0 0 0 Common Stock 2020-05-15 4 M 0 5000 A 40229 D Common Stock 2020-05-15 4 A 0 9403 A 49632 D Common Stock 2020-05-15 4 F 0 825 D 48807 D Includes 3,000 shares covered by Restricted Stock Units (or RSUs) awarded May 15, 2020 (for fiscal year 2021) which vest in four equal installments annually, beginning May 15, 2021. Also includes 500 shares covered by RSUs awarded for fiscal year 2017 and 750 shares covered by RSUs awarded for fiscal year 2018, all of which are fully vested, and an additional 750 shares covered by RSUs awarded for fiscal year 2018 which vest on or about May 1, 2021; in each case provided that the reporting person remains associated with the Issuer on the applicable issue date. The Reporting Person has now elected to report all shares underlying RSUs (including those awarded for fiscal year 2017, 2018, 2019, 2020 and 2021) in Table I instead of Table II. RSUs are subject to time vesting; 25% of the shares are issued annually beginning on the first anniversary of the award date and in three successive annual installments of 25% each, thereafter, provided the recipient remains associated with Issuer on the applicable vesting date or at an earlier date under certain circumstances. Reflects restricted stock in lieu of director fees. Risk of forfeiture lapses in full on July 1, 2021 provided the Reporting Person remains associated on that date (or if not associated for select reasons). $4.36 closing market price on May 15, 2020. Dennis J. Shaughnessy by Aric Spitulnik by Power of Attorney 2020-05-19