Brad Bollner - 13 Nov 2023 Form 4 Insider Report for FARMER BROTHERS CO (FARM)

Signature
Jared Vitemb, Attorney-in-fact for Brad Bollner
Issuer symbol
FARM
Transactions as of
13 Nov 2023
Net transactions value
$0
Form type
4
Filing time
14 Nov 2023, 14:10:33 UTC
Previous filing
03 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FARM Common Stock Award $0 +45,000 +417% $0.000000 55,803 13 Nov 2023 Direct F1
holding FARM Common Stock 2,329 13 Nov 2023 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 Represents a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2017 Long-Term Incentive Plan (the "Plan"), which were granted effective November 13, 2023 ("Grant Date"). The RSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on November 13, 2024, and will settle in common stock upon vesting, subject to the reporting person's continued service to the Company and the acceleration provisions of the Plan and RSU grant agreement.