Gregory V Hackman - 10 Aug 2021 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Footnote F1

On August 10, 2021, in connection with the vesting of shares underlying an aggregate of 1,061 previously disclosed restricted stock units, the issuer withheld 527 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $88.46 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 August 10, 2021, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions. See Note 4 below.

Footnote F2

Reflects the weighted average price of sales on August 11, 2021. The shares were sold in multiple transactions at prices ranging from $89.00 to $89.50, 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.

Footnote F3

Consists of the number of shares of common stock held by the reporting person as of August 11, 2021, but excluding any shares of common stock subject to further vesting conditions. See Note 4 below.

Footnote F4

Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of August 11, 2021 that remain subject to time-based vesting.

Footnote F5

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.

Footnote F6

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.