Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BFI | Restricted Stock Units | Award | $0 | +130K | $0.00 | 120K | Jul 13, 2021 | Common Stock | 130K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock. |
F2 | On July 13, 2021, the Reporting Person was granted 130,000 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan, which shall vest and be settled in shares of common stock in four installments of 25,000 restricted stock units, 30,000 restricted stock units, 35,000 restricted stock units and 40,000 restricted stock units on February 26, 2022 with respect to the first installment and February 26, 2023 with respect to the remaining installments, subject to the Reporting Person's achievement of certain key performance criteria and earlier vesting due to a change of control or certain termination or resignation events. This amendment is being filed to report that vesting dates were amended on March 4, 2022 from February 26, 2022, February 26, 2023, February 26, 2024 and February 26, 2025 for each respective installment to February 26, 2022 for the first installment and February 26, 2023 for the remaining installments. |
EXHIBIT LIST: Exhibit 24 - Power of Attorney