Joyce Butler - Nov 27, 2024 Form 4 Insider Report for Revelyst, Inc. (GEAR)

Signature
/s/ Yun Jung Choi, attorney-in-fact
Stock symbol
GEAR
Transactions as of
Nov 27, 2024
Transactions value $
$0
Form type
4
Date filed
12/2/2024, 06:34 PM
Previous filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEAR Common Stock Award +57.3K 57.3K Nov 27, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units subject to certain vesting periods and other restrictions granted under the Vista Outdoor Inc. ("Vista Outdoor") 2020 Stock Incentive Plan.
F2 Pursuant to that certain Agreement and Plan of Merger, dated as of October 15, 2023 (as amended, the "Merger Agreement"), among the Issuer, Vista Outdoor, CSG Elevate II Inc., CSG Elevate III Inc., and, solely for the purposes of specific provisions therein, CZECHOSLOVAK GROUP a.s., and that certain Employee Matters Agreement, dated as of October 15, 2023, by and between Vista Outdoor and the Issuer, effective as of immediately prior to the Effective Time (as defined in the Merger Agreement), each Vista Outdoor restricted stock unit ("RSU") was canceled and replaced with a restricted stock unit award of the Issuer, the number of shares of which is equal to the number of shares of Vista Outdoor common stock ("Vista Outdoor Common Stock") subject to the RSU multiplied by the Revelyst Conversion Ratio.
F3 Due to a 1000 character limit, Footnote 3 is a continuation of Footnote 2: As used herein, "Revelyst Conversion Ratio" means a fraction the numerator of which is the closing price per share of Vista Outdoor Common Stock trading "regular way with due bills" during the last full trading session immediately prior to November 27, 2024 (the "Closing Date") and the denominator of which is the opening price per share of common stock, par value $0.01 per share, of the Issuer on the Closing Date.