Ralph Alvarez - Aug 2, 2021 Form 4 Insider Report for Traeger, Inc. (COOK)

Role
Director
Signature
By: /s/ Thomas Burton, Attorney-in-fact
Stock symbol
COOK
Transactions as of
Aug 2, 2021
Transactions value $
$2,700,000
Form type
4
Date filed
8/4/2021, 06:39 PM
Previous filing
Jul 29, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COOK Common Stock Purchase $2.7M +150K $18.00 150K Aug 2, 2021 Direct
transaction COOK Common Stock Award $0 +10.7K +7.13% $0.00 161K Aug 2, 2021 Direct F1
holding COOK Common Stock 333K Aug 2, 2021 By Family Trust dated March 25, 2004
holding COOK Common Stock 48.8K Aug 2, 2021 By Family Trust dated December 16, 2012
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the annual meeting of the stockholders in 2022, subject to continued service through the vesting date. Mr. Alvarez has elected to defer the receipt of Common Stock upon the vesting of his RSUs pursuant to the Issuer's Deferred Compensation Plan until Mr. Alvarez incurs a separation from service from the Issuer, or, if earlier, in the event of a "Change in Control" (as defined in the Deferred Compensation Plan) of the Issuer.