Zach Long - Nov 14, 2022 Form 4 Insider Report for Vintage Wine Estates, Inc. (VWE)

Role
Chief Operations Officer
Signature
/s/ Kristina L. Johnston, Attorney-in-Fact for Zach Long
Stock symbol
VWE
Transactions as of
Nov 14, 2022
Transactions value $
$0
Form type
4
Date filed
12/8/2022, 03:39 PM
Previous filing
Dec 8, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Award $0 +229K +183.11% $0.00 355K Nov 14, 2022 Direct F1, F2

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 VWE Stock Option (Right to Buy) Award $0 +609K $0.00 609K Nov 14, 2022 Common Stock 609K $10.50 Direct F6
holding VWE Stock Option (Right to Buy) 8K Nov 14, 2022 Common Stock 8K $10.50 Direct F3
holding VWE Stock Option (Right to Buy) 42K Nov 14, 2022 Common Stock 42K $10.50 Direct F4
holding VWE Stock Option (Right to Buy) 50K Nov 14, 2022 Common Stock 50K $10.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") were granted under the Vintage Wine Estates, Inc. 2021 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest in four equal annual installments commencing on November 14, 2023.
F2 Includes 354,348 RSUs.
F3 25% of the stock options vest on 12/07/2022, and 25% vest on each of 06/07/2023, 06/07/2024 and 06/07/2025.
F4 25% of the stock options vest on 01/27/2023, and 25% vest on each of 07/27/2023, 07/27/2024 and 07/27/2025.
F5 25% of the stock options vest on 09/07/2023, and 25% vest on each of 03/07/2024, 03/07/2025 and 03/07/2026.
F6 This stock option was granted under the Vintage Wine Estates, Inc. 2021 Omnibus Incentive Plan in a transaction exempt under Rule 16b-3. This option vests in four equal annual installments commencing on November 14, 2023.