| Accession Number: | 0001659154-21-000014 |
| Date: | 2021-03-03 |
| Issuer: | FEDERAL SIGNAL CORP /DE/ (FSS) |
| Original Submission Date: |
SHERMAN JENNIFER L
1415 W. 22ND STREET
SUITE 1100
OAK BROOK, IL 60523
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2021-03-03 | A | 72,471 | a | $0.00 | 409,034 | direct | ||
| COMMON STOCK | 2021-03-03 | F | 32,098 | d | $37.98 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-03 | M | 68,681 | a | $5.50 | 445,617 | direct | ||
| COMMON STOCK | 2021-03-03 | S | 68,681 | d | $38.18 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-03 | M | 44,078 | a | $8.40 | 421,014 | direct | ||
| COMMON STOCK | 2021-03-03 | S | 44,078 | d | $38.18 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-04 | M | 6,478 | a | $8.40 | 383,414 | direct | ||
| COMMON STOCK | 2021-03-04 | S | 6,478 | d | $37.59 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-04 | M | 118,485 | a | $12.66 | 495,421 | direct | ||
| COMMON STOCK | 2021-03-04 | S | 49,460 | d | $37.59 | 445,961 | direct | ||
| COMMON STOCK | 2021-03-04 | S | 69,025 | d | $36.89 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-05 | M | 33,031 | a | $14.48 | 409,967 | direct | ||
| COMMON STOCK | 2021-03-05 | S | 33,031 | d | $36.62 | 376,936 | direct | ||
| COMMON STOCK | 2021-03-05 | M | 32,000 | a | $16.09 | 408,936 | direct | ||
| COMMON STOCK | 2021-03-05 | S | 32,000 | d | $36.25 | 376,936 | direct | ||
| COMMON STOCK | 0 | $0.00 | 57,124 | indirect |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTION (RIGHT-TO-BUY) | 5.5 | 2021-03-03 | deemed execution date | M | 68,681 (d) | 2022-05-09 | common stock 68,681 | $5.50 | 0 | direct | ||
| STOCK OPTION (RIGHT-TO-BUY) | 8.4 | 2021-03-03 | deemed execution date | M | 44,078 (d) | 2023-05-09 | common stock 44,078 | $8.40 | 6,478 | direct | ||
| STOCK OPTION (RIGHT-TO-BUY) | 8.4 | 2021-03-04 | deemed execution date | M | 6,478 (d) | 2023-05-09 | common stock 6,478 | $8.40 | 0 | direct | ||
| STOCK OPTION (RIGHT-TO-BUY) | 12.66 | 2021-03-04 | deemed execution date | M | 118,485 (d) | 2026-05-05 | common stock 118,485 | $12.66 | 59,242 | direct | ||
| STOCK OPTION (RIGHT-TO-BUY) | 14.48 | 2021-03-05 | deemed execution date | M | 33,031 (d) | 2024-05-05 | common stock 33,031 | $14.48 | 0 | direct | ||
| STOCK OPTION (RIGHT-TO-BUY) | 16.09 | 2021-03-05 | deemed execution date | M | 32,000 (d) | 2025-04-10 | common stock 32,000 | $16.09 | 12,935 | direct |
| ID | footnote |
|---|---|
| f1 | 2571.5677 shares were acquired through the dividend reinvestment plan. |
| f2 | this transaction was executed in multiple trades; the price reported above reflects the weighted average sale price. |
| f3 | this transaction was executed in multiple trades at prices ranging from $36.70 to $37.25; the price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the sec, federal signal corporation or a security holder of federal signal corporation. |
| f4 | this transaction was executed in multiple trades at prices ranging from $36.40 to $37.10; the price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request of the sec, federal signal corporation or a security holder of federal signal corporation. |
| f5 | this transaction was executed in multiple trades at prices ranging from $36.25 to $36.37; the price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the sec, federal signal corporation or a security holder of federal signal corporation. |
| f6 | 773.3 additional shares were acquired through the company's 401(k) savings plan. |
| f7 | the option vested in three equal installments on may 9, 2013, 2014 and 2015. |
| f8 | the option vested in three equal installments on may 9, 2014, 2015, and 2016. |
| f9 | the options exercised vested on may 5, 2017 and may 5, 2018. the remaining 59,242 options vested on may 5, 2019. |
| f10 | the option vested in three equal installments on may 5, 2015, 2016, and 2017. |
| f11 | the option vested in three equal installments on april 10, 2016, 2017, and 2018. |
