Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FARM | Common Stock | Award | $0 | +14.7K | +40.12% | $0.00 | 51.3K | Dec 15, 2021 | Direct | F1 |
holding | FARM | Common Stock, $1.00 par value | 7K | Dec 15, 2021 | By revocable trust | F2 |
Id | Content |
---|---|
F1 | Grant of restricted stock under the Farmer Bros. Co. 2017 Long-Term Incentive Plan ("Plan"), granted on December 15, 2021 ("Grant Date"); the restricted stock cliff vests on the one year anniversary of theGrant Date (the "Vesting Date"), subject to continued service to the Company through the Vesting Date and the acceleration provisions of the Plan and restricted stock grant agreement. |
F2 | Includes 5,000 shares of Common Stock previously held by the Reporting Person directly that were transferred into the First Amendment to and Restatement of Charles F. Marcy Revocable Trust u/a/d 1/12/2015 in a transaction exempt from Section 16 reporting pursuant to Rule 16a- 13. Mr. Marcy has sole voting and dispositive power and is the sole beneficiary of the trust. |