Kristina L. Johnston - Mar 7, 2024 Form 4 Insider Report for Vintage Wine Estates, Inc. (VWE)

Role
Chief Financial Officer
Signature
/s/ Kristina L. Johnston
Stock symbol
VWE
Transactions as of
Mar 7, 2024
Transactions value $
-$14,234
Form type
4
Date filed
3/11/2024, 04:30 PM
Previous filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VWE Common Stock Tax liability -$14.2K -29.7K -2.83% $0.48 1.02M Mar 7, 2024 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) 62.5K Mar 7, 2024 Common Stock 62.5K $1.50 Direct F3
holding VWE Stock Option (right to buy) 188K Mar 7, 2024 Common Stock 188K $1.50 Direct F4
holding VWE Stock Option (right to buy) 658K Mar 7, 2024 Common Stock 658K $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 914,519 RSUs consisting of the following: (i) 164,519 RSUs that vest in substantially equal installments on each of 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 These stock options vest in four equal installments on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
F5 These stock options vest in four equal installments on each of 09/07/2023, 03/07/2024, 03/07/2025 and 03/07/2026.