Zach Long - 07 Dec 2022 Form 4 Insider Report for Vintage Wine Estates, Inc.

Role
Chief Operations Officer
Signature
/s/ Kristina L. Johnston, Attorney-in-Fact for Zach Long
Issuer symbol
N/A
Transactions as of
07 Dec 2022
Net transactions value
-$36,584
Form type
4
Filing time
09 Feb 2023, 18:44:20 UTC
Previous filing
08 Dec 2022
Next filing
21 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Tax liability $36,584 -10,697 -3% $3.42 343,901 07 Dec 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
holding VWE Stock Option (Right to Buy) 8,000 07 Dec 2022 Common Stock 8,000 $10.50 Direct F3
holding VWE Stock Option (Right to Buy) 42,000 07 Dec 2022 Common Stock 42,000 $10.50 Direct F4
holding VWE Stock Option (Right to Buy) 50,000 07 Dec 2022 Common Stock 50,000 $10.50 Direct F5
holding VWE Stock Option (Right to Buy) 608,697 07 Dec 2022 Common Stock 608,697 $10.50 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover tax withholding obligations on the vesting of 31,250 restricted stock units (RSUs).
F2 Includes 323,098 RSUs consisting of the following: (i) 93,750 RSUs that vest one-third on each of 12/07/2023, 12/07/2024 and 12/07/2025; and (ii) 229,348 RSUs that vest in four equal annual installments commencing on 11/14/2023.
F3 25% of the stock options vested 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 vested 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 option vests in four equal annual installments commencing on November 14, 2023.