James Grant Conroy - May 22, 2021 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Role
Chief Executive Officer, Director
Signature
/s/ James Grant Conroy
Stock symbol
BOOT
Transactions as of
May 22, 2021
Transactions value $
-$5,487,777
Form type
4
Date filed
5/26/2021, 07:47 PM
Previous filing
May 24, 2021
Next filing
May 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Tax liability -$253 K -3.41 K -11.97% $74.12 25.1 K May 22, 2021 Direct F1
transaction BOOT Common Stock Tax liability -$84.5 K -1.14 K -4.16% $74.12 26.3 K May 24, 2021 Direct F2
transaction BOOT Common Stock Options Exercise $152 K +6.37 K +24.25% $23.92 32.6 K May 25, 2021 Direct
transaction BOOT Common Stock Options Exercise $250 K +10.4 K +31.87% $24.08 43 K May 25, 2021 Direct
transaction BOOT Common Stock Options Exercise $270 K +9.44 K +21.95% $28.63 52.5 K May 25, 2021 Direct
transaction BOOT Common Stock Sale -$2.86 M -38.8 K -74.02% $73.77 13.6 K May 25, 2021 Direct F3
transaction BOOT Common Stock Options Exercise $143 K +20.1 K +147.3% $7.11 33.7 K May 26, 2021 Direct
transaction BOOT Common Stock Options Exercise $204 K +9.74 K +28.9% $20.94 43.4 K May 26, 2021 Direct
transaction BOOT Common Stock Options Exercise $476 K +19.9 K +45.84% $23.92 63.4 K May 26, 2021 Direct
transaction BOOT Common Stock Sale -$3.78 M -49.7 K -78.49% $76.06 13.6 K May 26, 2021 Direct F4, F5
holding BOOT Common Stock 45.4 K May 22, 2021 Direct F6

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 BOOT Options Options Exercise $0 -6.37 K -12.11% $0.00 46.2 K May 25, 2021 Common Stock 6.37 K $23.92 Direct F7
transaction BOOT Options Options Exercise $0 -10.4 K -25% $0.00 31.2 K May 25, 2021 Common Stock 10.4 K $24.08 Direct F7
transaction BOOT Options Options Exercise $0 -9.44 K -33.33% $0.00 18.9 K May 25, 2021 Common Stock 9.44 K $28.63 Direct F7
transaction BOOT Option Options Exercise $0 -19.9 K -43.11% $0.00 26.3 K May 26, 2021 Common Stock 19.9 K $23.92 Direct F7
transaction BOOT Options Options Exercise $0 -20.1 K -70.27% $0.00 8.49 K May 26, 2021 Common Stock 20.1 K $7.11 Direct F8
transaction BOOT Options Options Exercise $0 -9.74 K -25% $0.00 29.2 K May 26, 2021 Common Stock 9.74 K $20.94 Direct F7
holding BOOT Options 50.6 K May 22, 2021 Common Stock 50.6 K $6.15 Direct F8
holding BOOT Options 227 K May 22, 2021 Common Stock 227 K $28.63 Direct F9

Explanation of Responses:

Id Content
F1 On May 22, 2021, in connection with the vesting of shares underlying an aggregate of 6,878 previously disclosed restricted stock units, the issuer withheld 3,411 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $74.12 per share, the closing price of the common stock on the first trading day following the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 22, 2021, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions. See Note 5 below.
F2 On May 24, 2021, in connection with the vesting of shares underlying an aggregate of 2,299 previously disclosed restricted stock units, the issuer withheld 1,140 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $74.12 per share, the closing price of the common stock on the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 24, 2021, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions. See Note 5 below.
F3 Reflects the weighted average price of sales on May 25, 2021. The shares were sold in multiple transactions at prices ranging from $72.47 to $75.99, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 Reflects the weighted average price of sales on May 26, 2021. The shares were sold in multiple transactions at prices ranging from $73.58 to $77.09, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5 Consists of the number of shares of common stock held by the reporting person as of May 26, 2021 that are not subject to further vesting conditions.
F6 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 26, 2021 that remain subject to time-based vesting.
F7 The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a four-year period in equal annual installments on each anniversary of the grant date.
F8 The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a five-year period in equal annual installments on each anniversary of the grant date.
F9 The Options were granted under the Company's 2014 Equity Incentive Plan and will vest on May 20, 2023, subject to earlier vesting in connection with death, disability or a change in control. Vesting criteria relating to targeted trading prices have been satisfied.