K. Todd Evans - Aug 2, 2021 Form 4 Insider Report for Franchise Group, Inc. (FRG)

Role
Chief Franchising Officer
Signature
K. Todd Evans
Stock symbol
FRG
Transactions as of
Aug 2, 2021
Transactions value $
$0
Form type
4
Date filed
8/4/2021, 04:06 PM
Previous filing
Jun 23, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRG Common Stock Options Exercise +6.72K 6.72K Aug 2, 2021 Direct F1, F3

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 FRG Restricted Stock Units Options Exercise $0 -6.72K -33.34% $0.00 13.4K Aug 2, 2021 Common Stock 6.72K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.
F2 This restricted stock unit award was granted on August 1, 2020 and one-third of the restricted stock units vested on August 2, 2021.
F3 Represents the conversion upon vesting of restricted stock units into Common Stock. On August 1, 2020, the reporting person was granted 20,161 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on August 2, 2021. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on August 4, 2020.