Andrew F. Kaminsky - Oct 2, 2021 Form 4 Insider Report for Franchise Group, Inc. (FRG)

Signature
Andrew F. Kaminsky
Stock symbol
FRG
Transactions as of
Oct 2, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 05:04 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 +18.3K +69.3% 44.8K Oct 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 -18.3K -50% $0.00 18.3K Oct 2, 2021 Common Stock 18.3K 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 December 5, 2019 and one-third of the restricted stock units vested on October 2, 2021.
F3 Represents the conversion upon vesting of restricted stock units into Common Stock. On December 5, 2019, the reporting person was granted 55,000 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on October 2, 2021. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on December 9, 2019.