Terry Wheatley - 07 Dec 2022 Form 4 Insider Report for Vintage Wine Estates, Inc.

Role
President
Signature
/s/ Patrick A. Roney, Attorney-in-Fact for Terry Wheatley
Issuer symbol
N/A
Transactions as of
07 Dec 2022
Net transactions value
-$716,312
Form type
4
Filing time
09 Feb 2023, 19:30:00 UTC
Previous filing
04 Feb 2022
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 $716,312 -209,448 -42% $3.42 290,552 07 Dec 2022 Direct F1, F2
* 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 500,000 restricted stock units (RSUs).
F2 Due to an administration error, the Reporting Person's prior Form 4 reporting the 02/02/2022 grant of 500,000 RSUs incorrectly stated that 25% of the RSUs vest on 08/02/2023, and 25% vest on each of 02/02/2024, 02/02/2025 and 02/02/2026. The 500,000 RSUs granted on 02/02/2022 vested in full on 12/07/2022.