John Hazen - May 22, 2021 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Signature
/s/ John Hazen
Stock symbol
BOOT
Transactions as of
May 22, 2021
Transactions value $
-$525,430
Form type
4
Date filed
5/26/2021, 07:51 PM
Previous filing
May 24, 2021
Next filing
Mar 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Tax liability -$79.2K -1.07K -39.09% $74.12 1.67K May 22, 2021 Direct F1
transaction BOOT Common Stock Sale -$42.7K -579 -34.75% $73.83 1.09K May 24, 2021 Direct F2, F3
transaction BOOT Common Stock Options Exercise $64K +3.05K +280.96% $20.94* 4.14K May 24, 2021 Direct
transaction BOOT Common Stock Options Exercise $78.5K +3.26K +78.7% $24.08* 7.4K May 24, 2021 Direct
transaction BOOT Common Stock Sale -$466K -6.31K -85.31% $73.80 1.09K May 24, 2021 Direct F2, F4
transaction BOOT Common Stock Sale -$80K -1.09K -100% $73.59 0 May 25, 2021 Direct F2, F5
holding BOOT Common Stock 19K 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 -3.05K -25.01% $0.00 9.16K May 24, 2021 Common Stock 3.05K $20.94 Direct F7
transaction BOOT Options Options Exercise $0 -3.26K -25% $0.00 9.78K May 24, 2021 Common Stock 3.26K $24.08 Direct F7
holding BOOT Options 6.21K May 22, 2021 Common Stock 6.21K $28.63 Direct F7
holding BOOT Options 22.5K May 22, 2021 Common Stock 22.5K $18.66 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 22, 2021, in connection with the vesting of shares underlying an aggregate of 2,156 previously disclosed restricted stock units, the issuer withheld 1,069 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 6 below.
F2 All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Reflects the weighted average price of sales on May 24, 2021. The shares were sold in multiple transactions at prices ranging from $73.06 to $74.66, 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 24, 2021. The shares were sold in multiple transactions at prices ranging from $72.97 to $74.58, 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 Reflects the weighted average price of sales on May 25, 2021. The shares were sold in multiple transactions at prices ranging from $72.54 to $75.97, 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.
F6 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 25, 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.