| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BFI | Restricted Stock Units | Award | $0 | +11.4K | +6.98% | $0.00 | 174K | Mar 29, 2024 | Common Stock | 11.4K | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock. |
| F2 | On March 29, 2024, the Reporting Person received 11,375 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan pursuant to annual compensation paid for the Reporting Person's service on BurgerFi International, Inc.'s Board of Directors, which shall vest and be settled in shares of common stock on December 31, 2024, subject to the Reporting Person's continuous service as a director of BurgerFi International, Inc. until such time and earlier vesting due to a change of control. The Reporting Person may elect to receive the Reporting Person's total annual compensation paid in restricted stock units, cash or a combination of restricted stock units and cash at the option of the Reporting Person. |
| F3 | (Continued from Footnote 2) The 11,375 restricted stock units represent part of the Reporting Person's election to receive the total annual compensation in restricted stock units. The Reporting Person has entered into a Nominee and Indemnity Agreement, pursuant to which he has agreed that all equity awards granted to him for his service as director of BurgerFi International, Inc. are held, from the date of grant, for the benefit of Catterton Partners VII, L.P., Catterton Partners VII Offshore, L.P., and Catterton Partners VII Special Purpose, L.P. (collectively, "Fund"). Fund, together with Catterton Managing Partner VII, L.L.C. as the general partner of Fund, and CP7 Management, L.L.C., as the managing member of Catterton Managing Partner VII, L.L.C. (each of the foregoing, the "L Catterton Entities"), may be deemed to have shared beneficial ownership of the equity awards granted to and held by the Reporting Person. |
| F4 | (Continued from Footnote 3) Solely for purposes of Section 16 of the Securities Exchange Act of 1934, the L Catterton Entities may be deemed directors by deputization with respect to BurgerFi International, Inc. The Reporting Person disclaims any beneficial ownership of or pecuniary interest in the reported securities. |