Leo William Varner Jr. - Oct 21, 2021 Form 4 Insider Report for Select Interior Concepts, Inc. (SIC)

Role
Chief Executive Officer
Signature
/s/ Scott Jarvis, attorney-in-fact
Stock symbol
SIC
Transactions as of
Oct 21, 2021
Transactions value $
-$14,493,504
Form type
4
Date filed
10/22/2021, 07:10 PM
Previous filing
Jun 10, 2021
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIC Class A Common Stock Disposed to Issuer -$7.24M -500K -100% $14.50 0 Oct 21, 2021 Direct F1, F2

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 SIC Restricted Sock Units Disposed to Issuer -$7.25M -500K -100% $14.50 0 Oct 21, 2021 Common Stock 125K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Leo William Varner Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes time-vesting restricted stock units (RSUs) convertible into shares of Class A Common Stock.
F2 Disposed of pursuant to merger agreement between issuer and Astro Stone Intermediate holding, LLC in exchange for a cash payment equal to the per share merger consideration ($14.50).
F3 Reflects performance-based RSUs that each represented a contingent right to receive one share of Class A Common Stock based on the closing price of the Issuer's common stock exceeding specific hurdles for 20 consecutive trading days, and subject to the reporting person's continued employment with the Issuer.