George S. Murphy JR - Jul 14, 2021 Form 3 Insider Report for Hillman Solutions Corp. (HLMN)

Role
Executive VP, Sales
Signature
By: /s/ Douglas D. Roberts, as attorney-in-fact
Stock symbol
HLMN
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
3
Date filed
7/19/2021, 07:06 PM
Next filing
Jan 28, 2022

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 HLMN Stock Options Jul 14, 2021 Common Stock 140K $7.29 Direct F1
holding HLMN Stock Options Jul 14, 2021 Common Stock 124K $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Half of the shares underlying the option vest in four equal annual installments beginning on the first anniversary of the date of grant (which is 10 years prior to the expiration date), subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. Half of the shares underlying the option vest based on the achievement of performance criteria.
F2 Two-thirds of the shares underlying the option vest in four equal annual installments beginning on the first anniversary of the date of grant (which is 10 years prior to the expiration date), subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. One-third of the shares underlying the option vest based on the achievement of performance criteria.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney