Javier H. Idrovo - Nov 6, 2021 Form 4 Insider Report for HAIN CELESTIAL GROUP INC (HAIN)

Role
EVP & Chief Financial Officer
Signature
/s/ Andrew Burchill, as Attorney-in-Fact for Javier H. Idrovo
Stock symbol
HAIN
Transactions as of
Nov 6, 2021
Transactions value $
-$3,144,483
Form type
4
Date filed
11/9/2021, 06:11 PM
Next filing
Nov 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HAIN Common Stock Options Exercise +140K +1054.98% 153K Nov 6, 2021 Direct F1, F2
transaction HAIN Common Stock Tax liability -$3.14M -68.6K -44.73% $45.86 84.7K Nov 6, 2021 Direct F3

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 HAIN Performance Based Restricted Stock Units Options Exercise $0 -140K -100% $0.00* 0 Nov 6, 2021 Common Stock 140K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 6, 2021, the Reporting Person's performance-based restricted stock units ("PSUs") vested at target, resulting in the Reporting Person receiving 140,017 shares of common stock of the Issuer prior to withholding for taxes.
F2 These PSUs, awarded as part of the Issuer's 2019-2021 Long-Term Incentive Plan, represented a contingent right to receive shares of the Issuer's common stock upon the Issuer's attainment of goals for compound annual total shareholder return over the three-year period ended November 6, 2021. The PSUs vested at 100% of target based on the Issuer's compound annual total shareholder return exceeding 15% over the performance period. The PSUs were also subject to a time vesting requirement which was satisfied on November 6, 2021.
F3 The Issuer withheld 68,567 shares of common stock to satisfy the tax withholding obligations in connection with the vesting of 140,017 PSUs, pursuant to the terms of the applicable award agreements.