Jon Moramarco - Feb 7, 2023 Form 4 Insider Report for Vintage Wine Estates, Inc. (VWE)

Role
Interim CEO, Director
Signature
/s/ Kristina L. Johnston, Attorney-in-Fact for Jon Moramarco
Stock symbol
VWE
Transactions as of
Feb 7, 2023
Transactions value $
$0
Form type
4
Date filed
2/9/2023, 06:46 PM
Previous filing
Dec 1, 2022
Next filing
Dec 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Award $0 +100K +344.23% $0.00 129K Feb 7, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the Vintage Wine Estates, Inc. 2021 Omnibus Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. 100% of the RSUs vest on 02/07/2024 and become payable upon the Reporting Person's separation from service.
F2 Due to an administrative error, the Reporting Person's previous Form 4 erroneously stated that the Reporting Person was granted 10,478 shares of restricted stock. The Reporting Person was granted 10,478 RSUs.
F3 Includes 117,550 RSUs consisting of the following: (i) 7,072 RSUs that were granted to the Reporting Person on 04/07/2022 that vest in full on 04/07/2023; (ii) 10,478 RSUs that were granted to the Reporting Person on 11/30/2022 that vest in full on 11/30/2023; and (iii) 100,000 RSUs that were granted to the Reporting Person on 02/07/2023 that vest in full on 02/07/2024 and become payable upon the Reporting Person's separation from service.