Michael Rabinovitch - Jul 13, 2021 Form 4/A - Amendment Insider Report for BurgerFi International, Inc. (BFI)

Role
CFO
Signature
/s/ Stefan Schnopp, Attorney-in-Fact for Michael Rabinovitch
Stock symbol
BFI
Transactions as of
Jul 13, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/10/2022, 04:03 PM
Date Of Original Report
Jul 15, 2021
Previous filing
Jul 15, 2021
Next filing
Jan 5, 2022

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 BFI Restricted Stock Units Award $0 +130K $0.00 120K Jul 13, 2021 Common Stock 130K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

EXHIBIT LIST: Exhibit 24 - Power of Attorney