Thomas E. Bauer - 01 Feb 2024 Form 4 Insider Report for FARMER BROTHERS CO (FARM)

Reporting relationship: Vice President, Head of DSD
Issuer ticker: FARM
Reported as of: 01 Feb 2024
Net transaction value: -$2,951
SEC form: 4
Accepted by SEC: 05 Feb 2024, 16:16:15 UTC
Prior SEC filing: 14 Nov 2023
Next SEC filing: 12 Nov 2024
Source filing: View source filing
Reporting owner signature: /s/ Jared Vitemb, Attorney-in-fact for Thomas E. Bauer

Key filing fact

Thomas E. Bauer filed Form 4 for FARMER BROTHERS CO (FARM) on 05 Feb 2024.

Key facts

This page summarizes Thomas E. Bauer's Form 4 filing for FARMER BROTHERS CO (FARM).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 05 Feb 2024, 16:16.

Change

Previous filing in this sequence was filed on 14 Nov 2023.
Current net transaction value: -$2,951.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FARM transaction

Common Stock

Tax liability

Transaction value: $2,951
Shares: -987
Change %: -1.8%
Price: $2.99
Shares after: 53,993
Date: 01 Feb 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On this date, a portion of a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the "Plan") vested, which was granted on February 1, 2023 ("Grant Date"). It was mistakenly reported in a prior Form 3 filing that the Grant Date was January 3, 2023 and that the RSUs would vest in three equal annual installments on each of the first three anniversaries of the erroneously reported Grant Date, beginning on January 3, 2024. Rather, the RSUs will vest in three equal annual installments on each of the first three anniversaries of the actual Grant Date, beginning on February 1, 2024.