Scott Ride - Nov 11, 2021 Form 4 Insider Report for Hillman Solutions Corp. (HLMN)

Signature
/s/ Douglas D. Roberts, as attorney-in-fact
Stock symbol
HLMN
Transactions as of
Nov 11, 2021
Transactions value $
-$188,092
Form type
4
Date filed
11/15/2021, 11:14 AM
Previous filing
Jul 19, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLMN Common Stock Options Exercise $236K +38.9K $6.07 38.9K Nov 11, 2021 Direct
transaction HLMN Common Stock Sale -$424K -38.9K -100% $10.91 0 Nov 11, 2021 Direct F1

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
transaction HLMN Stock Options Options Exercise $0 -38.9K -13.4% $0.00 251K Nov 11, 2021 Common Stock 38.9K $6.07 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $10.90 to $10.93, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 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.