John Guthrie - Dec 14, 2023 Form 4 Insider Report for SiteOne Landscape Supply, Inc. (SITE)

Signature
/s/ Briley Brisendine, attorney-in-fact for John Guthrie
Stock symbol
SITE
Transactions as of
Dec 14, 2023
Transactions value $
-$355,230
Form type
4
Date filed
12/15/2023, 04:20 PM
Previous filing
Aug 9, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITE Common Stock Options Exercise $155K +3K +19.93% $51.59 18.1K Dec 14, 2023 Direct
transaction SITE Common Stock Sale -$510K -3K -16.62% $170.00 15.1K Dec 14, 2023 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 SITE Stock Options (right to buy) Options Exercise $0 +3K +554.53% $0.00 3.54K Dec 14, 2023 Common Stock 3K $51.59 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on August 31, 2023.
F2 13,083 options were granted on February 6, 2019, and vested and became exercisable ratably in four installments on each anniversary of February 6, 2019. Prior to the transactions reported on this Form 4, 6,541 of these options that remain outstanding had vested.