Scott R. Drake - Jul 16, 2021 Form 4 Insider Report for FARMER BROTHERS CO (FARM)

Role: Chief Financial Officer
Signature: /s/ Scott Ray Drake
Stock symbol: FARM
Transactions as of: Jul 16, 2021
Transactions value $: -$33,499
Form type: 4
Date filed: 5/11/2022, 04:09 PM
Next filing: Sep 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FARM	Common Stock	Tax liability	-$22.7K	-2.24K	-4.6%	$10.16	46.4K	Jul 16, 2021	Direct
transaction	FARM	Common Stock	Award	$0	+21K	+45.32%	$0.00	67.4K	Sep 13, 2021	Direct	F1
transaction	FARM	Common Stock	Tax liability	-$10.8K	-1.56K	-2.32%	$6.90	65.8K	Dec 9, 2021	Direct
transaction	FARM	Common Stock	Award	$0	+73.5K	+90.96%	$0.00	154K	May 9, 2022	Direct	F2
holding	FARM	Common Stock						4.15K	Jul 16, 2021	Held in the Company's 401(k) Plan

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Due to an administrative error, Mr. Drake's September 15, 2021 Form 4 incorrectly reported that he received a grant of 17,517 restricted stock units when Mr. Drake actually received 21,021 restricted stock units on September 13, 2021. As of September 13, 2021, Mr. Drake directly beneficially owned 67,403 shares
F2	Grant of restricted stock units under the Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan"), granted on May 9, 2022 ("Grant Date"); the restricted stock units will vest 50% on the first anniversary of the Grant Date, 25% on the second anniversary of the Grant Date, and 25% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the restricted stock unit grant agreement.

Content

Due to an administrative error, Mr. Drake's September 15, 2021 Form 4 incorrectly reported that he received a grant of 17,517 restricted stock units when Mr. Drake actually received 21,021 restricted stock units on September 13, 2021. As of September 13, 2021, Mr. Drake directly beneficially owned 67,403 shares

Grant of restricted stock units under the Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan"), granted on May 9, 2022 ("Grant Date"); the restricted stock units will vest 50% on the first anniversary of the Grant Date, 25% on the second anniversary of the Grant Date, and 25% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the restricted stock unit grant agreement.