Jonathan S. Estep - Feb 8, 2023 Form 4 Insider Report for TRACTOR SUPPLY CO /DE/ (TSCO)

Role
EVP - CMO
Signature
Jonathan S. Estep: /s/ Robert C. Lambourne, as Attorney-in-fact
Stock symbol
TSCO
Transactions as of
Feb 8, 2023
Transactions value $
-$463,049
Form type
4
Date filed
2/10/2023, 03:52 PM
Previous filing
Feb 7, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction TSCO Common stock Award $0 +5.71 K +47.5% $0.00 17.7 K Feb 8, 2023 Direct F1, F2
transaction TSCO Common stock Tax liability -$435 K -1.89 K -10.67% $229.66 15.8 K Feb 8, 2023 Direct F3
transaction TSCO Common stock Tax liability -$28.5 K -123 -0.78% $231.97 15.7 K Feb 9, 2023 Direct F4
transaction TSCO Common stock Award $0 +890 +5.67% $0.00 16.6 K Feb 9, 2023 Direct F5
holding TSCO Common stock 213 Feb 8, 2023 Stock Purchase Plan

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 TSCO Employee stock option Award $0 +3.28 K $0.00 3.28 K Feb 9, 2023 Common stock 3.28 K $232.73 Direct F6

Explanation of Responses:

Id Content
F1 Represents a vesting of performance-based share units (PSUs) for the period ended December 31, 2022, as certified by the Compensation Committee on February 8, 2023. Each PSU entitles the reporting person to receive one share of common stock. The PSUs vested in full on February 8, 2023.
F2 Direct ownership reflects a correction to the number of shares withheld to satisfy tax withholding liabilities previously reported on a Form 4 on February 7, 2023. The prior Form 4 over-reported the tax withholding by 75 shares.
F3 This transaction represents the number of shares withheld to satisfy tax withholding liabilities upon the vesting of performance-based share units.
F4 This transaction represents the number of shares withheld to satisfy tax withholding liabilities incident to the lapse of vesting restrictions on the restricted stock units.
F5 Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs will vest, subject to conditions, as follows: 33 1/3% on February 9, 2024, 33 1/3% on February 9, 2025 and 33 1/3% on February 9, 2026.
F6 Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option will vest, subject to conditions, and become exercisable as follows: 33 1/3% on February 9, 2024, 33 1/3% on February 9, 2025, and 33 1/3% on February 9, 2026.