Christopher Pappas - Feb 24, 2022 Form 4 Insider Report for Chefs' Warehouse, Inc. (CHEF)

Role
President and CEO, Director
Signature
/s/ Alexandros Aldous, Attorney-in-Fact for Christopher Pappas
Stock symbol
CHEF
Transactions as of
Feb 24, 2022
Transactions value $
-$156,576
Form type
4
Date filed
2/28/2022, 06:16 PM
Previous filing
Feb 24, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHEF Common Stock Award +94.4K +4.1% 2.39M Feb 24, 2022 Direct F1
transaction CHEF Common Stock Tax liability -$68.2K -2.13K -0.09% $32.00 2.39M Feb 25, 2022 Direct F2
transaction CHEF Common Stock Tax liability -$88.4K -2.76K -0.12% $32.00 2.39M Feb 25, 2022 Direct F2
holding CHEF Common Stock 300K Feb 24, 2022 2021 GRAT
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted shares of restricted common stock pursuant to The Chefs' Warehouse 2019 Omnibus Equity Incentive Plan (the "Plan"). The forfeiture restrictions associated with 28,313 of these shares will lapse in one-third increments as of the first through third anniversary dates of the grant date, February 24, 2022. The forfeiture restrictions associated with 66,064 of these shares will lapse upon achievement of performance conditions based on the per-share price of Issuer's common stock.
F2 Shares withheld upon the vesting of restricted common stock awarded to the reporting person pursuant to the Plan.