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

Signature
Jared Vitemb, Attorney-in-fact for Brad Bollner
Stock symbol
FARM
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
4
Date filed
11/14/2023, 02:10 PM
Previous filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FARM Common Stock Award $0 +45K +416.55% $0.00 55.8K Nov 13, 2023 Direct F1
holding FARM Common Stock 2.33K Nov 13, 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.