Matthew J. Reintjes - Nov 15, 2021 Form 4 Insider Report for YETI Holdings, Inc. (YETI)

Signature
By: /s/ Bryan C. Barksdale, as Attorney-in-Fact
Stock symbol
YETI
Transactions as of
Nov 15, 2021
Transactions value $
-$3,921,553
Form type
4
Date filed
11/17/2021, 08:14 PM
Previous filing
Oct 13, 2021
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YETI Common Stock Sale -$1.52M -15K -17.84% $101.00 69.1K Nov 15, 2021 Direct F1
transaction YETI Common Stock Options Exercise $120K +25K +36.17% $4.79* 94.1K Nov 15, 2021 Direct
transaction YETI Common Stock Sale -$119K -1.2K -1.28% $99.39 92.9K Nov 15, 2021 Direct F2, F3
transaction YETI Common Stock Sale -$490K -4.88K -5.26% $100.32 88K Nov 15, 2021 Direct F2, F4
transaction YETI Common Stock Sale -$1.44M -14.3K -16.21% $101.13 73.8K Nov 15, 2021 Direct F2, F5
transaction YETI Common Stock Sale -$474K -4.65K -6.3% $101.95 69.1K Nov 15, 2021 Direct F2, F6, F7
holding YETI Common Stock 110K Nov 15, 2021 By SLAT F8

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 YETI Stock Option Options Exercise $0 -25K -50% $0.00 25K Nov 15, 2021 Common Stock 25K $4.79 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total amount of securities reported as beneficially owned directly by the reporting person has been reduced by 110,000 shares that the reporting person transferred to a Spousal Lifetime Access Trust ("SLAT") for the benefit of the reporting person's spouse and children, as previously reported in a Form 4 filed by the reporting person on October 13, 2021, which shares are now being reported as beneficially owned indirectly by the reporting person. See footnote 8.
F2 Shares sold pursuant to a predefined Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.705 to $99.66 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 set forth above.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.72 to $100.68 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 set forth above.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.72 to $101.70 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 set forth above.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.725 to $102.10 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 set forth above.
F7 Includes 9,577 restricted stock units and 59,533 shares of restricted stock. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock and each share of restricted stock remains subject to forfeiture, in each case in accordance with the terms of the applicable award agreement.
F8 These shares are held in a SLAT for the benefit of the reporting person's spouse and children. The reporting person's spouse serves as trustee of the SLAT. The reporting person disclaims beneficial ownership of the shares in the SLAT.
F9 The stock option is fully vested.