Kristina L. Johnston - 07 Sep 2023 Form 4 Insider Report for Vintage Wine Estates, Inc.

Role
Chief Financial Officer
Signature
/s/ Kristina L. Johnston
Issuer symbol
N/A
Transactions as of
07 Sep 2023
Net transactions value
-$23,131
Form type
4
Filing time
11 Sep 2023, 16:30:23 UTC
Previous filing
21 Jul 2023
Next filing
11 Mar 2024
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 $23,131 -29,655 -2.7% $0.7800 1,049,383 07 Sep 2023 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) 62,500 07 Sep 2023 Common Stock 62,500 $1.50 Direct F3
holding VWE Stock Option (right to buy) 187,500 07 Sep 2023 Common Stock 187,500 $1.50 Direct F4
holding VWE Stock Option (right to buy) 658,076 07 Sep 2023 Common Stock 658,076 $10.50 Direct F5
* 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 restricted stock units (RSUs).
F2 Includes 996,779 RSUs consisting of the following: (i) 246,779 RSUs that vest in substantially equal installments on each of 03/07/2024, 03/07/2025 and 03/07/2026; (ii) 250,000 RSUs that vest in two equal installments on each of 7/20/2024 and 7/20/2025; and (iii) 500,000 RSUs that vest in four equal installments on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
F3 These stock options vest in two equal installments on each of 7/20/2024 and 7/20/2025.
F4 25% of the stock options vest on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
F5 25% of the stock options vest on each of 09/07/2023, 03/07/2024, 03/07/2025 and 03/07/2026.