Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FARM | Common Stock | Award | $0 | +24.9K | $0.00 | 24.9K | Jul 3, 2023 | Direct | F1 |
Id | Content |
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F1 | Represents a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the "Plan"), which were granted on July 3, 2023 ("Grant Date"). The RSUs will vest in three equal annual installments on each of the first three anniversaries of the Grant Date, beginning on July 3, 2024, and will settle in common stock upon vesting, subject to the reporting person's continued service to the Company and the acceleration provisions of the Plan and RSU grant agreement. |