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

Role
Chief Accounting Officer
Signature
/s/ Alexandros Aldous, Attorney-in-Fact for Tim McCauley
Issuer symbol
CHEF
Transactions as of
24 Feb 2022
Net transactions value
-$28,672
Form type
4
Filing time
28 Feb 2022, 19:42:16 UTC
Previous filing
24 Feb 2022
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHEF Common Stock Award +10,180 +17% 70,894 24 Feb 2022 Direct F1
transaction CHEF Common Stock Tax liability $13,664 -427 -0.6% $32.00 70,467 25 Feb 2022 Direct F2
transaction CHEF Common Stock Tax liability $15,008 -469 -0.67% $32.00 69,998 25 Feb 2022 Direct F2
* 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 5,090 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 5,090 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.