Matthew Coffman - Nov 8, 2024 Form 4 Insider Report for FARMER BROTHERS CO (FARM)

Role: Principal Accounting Officer
Signature: /s/ Jared Vitemb, Attorney-in-fact for Matthew Coffman
Stock symbol: FARM
Transactions as of: Nov 8, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/12/2024, 04:57 PM
Previous filing: Nov 4, 2024
Next filing: Nov 14, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FARM	Cash-Settled Restricted Stock Units	Award	$0	+40K	+93.89%	$0.00	82.6K	Nov 8, 2024	Common Stock	40K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents a grant of cash-based restricted stock units ("CRSUs") under the 2017 Long-Term Incentive Plan (the "2017 Plan") which were granted effective November 8, 2024 ("Grant Date"). The CRSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on November 8, 2025, and will settle solely in cash upon vesting. Vesting is subject to the reporting person's continued service to the Company and the acceleration provisions of the 2017 Plan and CRSU grant agreement. Each CRSU is the economic equivalent of one share of common stock of the Company.

Content

Represents a grant of cash-based restricted stock units ("CRSUs") under the 2017 Long-Term Incentive Plan (the "2017 Plan") which were granted effective November 8, 2024 ("Grant Date"). The CRSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on November 8, 2025, and will settle solely in cash upon vesting. Vesting is subject to the reporting person's continued service to the Company and the acceleration provisions of the 2017 Plan and CRSU grant agreement. Each CRSU is the economic equivalent of one share of common stock of the Company.