Michael John McMullen - Feb 24, 2023 Form 4 Insider Report for YETI Holdings, Inc. (YETI)

Role
CFO
Signature
By: /s/ Bryan C. Barksdale, as Attorney-in-Fact
Stock symbol
YETI
Transactions as of
Feb 24, 2023
Transactions value $
-$43,965
Form type
4
Date filed
2/28/2023, 08:10 PM
Previous filing
Feb 23, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YETI Common Stock Award $0 +4.73K +26.53% $0.00 22.6K Feb 24, 2023 Direct F1
transaction YETI Common Stock Tax liability -$44K -1.15K -5.08% $38.33 21.4K Feb 24, 2023 Direct F2
transaction YETI Common Stock Award $0 +20.5K +95.87% $0.00 42K Feb 24, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock underlying an award of restricted stock units previously granted by the Issuer on February 14, 2020, the vesting of which was subject to the Issuer's achievement of previously established performance criteria over a multi-year measurement period. The Compensation Committee of the Issuer's Board of Directors has certified achievement of the performance criteria, and the number of shares of common stock reported herein consists of the shares underlying the award that were earned based upon such achievement.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.
F3 Represents restricted stock units. One-third of the restricted stock units will vest on February 24, 2024, and one-sixth of the restricted stock units will vest on each of the first four six-month anniversaries thereafter. Each restricted stock unit represents the right to receive one share of the Issuer's common stock.
F4 Includes 2,504 shares of restricted stock and 9,694 shares underlying restricted stock units. Each share of restricted stock remains subject to forfeiture in accordance with the terms of the applicable award agreement and, upon settlement in accordance with the terms of the applicable award agreement, the restricted stock units will be paid on a one-for-one basis in shares of the Issuer's common stock.