Jacob Maas - Jan 19, 2022 Form 4 Insider Report for Graham Holdings Co (GHC)

Role: Executive VP-Planning and Dev.
Signature: Jacob M. Maas
Stock symbol: GHC
Transactions as of: Jan 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/21/2022, 03:23 PM
Next filing: Jan 4, 2023

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GHC	Class A Common Stock	Award	$0	+1K	+51.65%	$0.00	2.94K	Jan 19, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Award of Restricted Stock Units under incentive plan with respect to shares of Class B Common Stock with price-based vesting conditions. The award will vest if the closing price of the issuer's Class B Common Stock exceeds $700 for 90 consecutive calendar days on or before December 31, 2027. Following satisfaction of such price-based vesting condition, the reporting person is eligible for vesting of additional 1,000 share increments of Class B Common Stock for each additional $100 increase in the closing price of the issuer's Class B Common Stock maintained for 90 consecutive calendar days on or before December 31, 2027 (e.g. if the closing price of the issuer's Class B shares exceeds $800 for 90 consecutive calendar days, then 1,000 additional shares of Class B Common Stock will vest).
F2	N/A

Content

Award of Restricted Stock Units under incentive plan with respect to shares of Class B Common Stock with price-based vesting conditions. The award will vest if the closing price of the issuer's Class B Common Stock exceeds $700 for 90 consecutive calendar days on or before December 31, 2027. Following satisfaction of such price-based vesting condition, the reporting person is eligible for vesting of additional 1,000 share increments of Class B Common Stock for each additional $100 increase in the closing price of the issuer's Class B Common Stock maintained for 90 consecutive calendar days on or before December 31, 2027 (e.g. if the closing price of the issuer's Class B shares exceeds $800 for 90 consecutive calendar days, then 1,000 additional shares of Class B Common Stock will vest).

N/A