Andrew M. Laurence - 05 Mar 2022 Form 4 Insider Report for Franchise Group, Inc. (FRG)

Role
Executive Vice President
Signature
Andrew M. Laurence
Issuer symbol
FRG
Transactions as of
05 Mar 2022
Transactions value $
$0
Form type
4
Date filed
09 Mar 2022, 15:31
Previous filing
24 Feb 2022
Next filing
16 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRG Common Stock Options Exercise +6.72K +1.63% 419K 05 Mar 2022 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 -50% $0.00 6.72K 05 Mar 2022 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 The restricted stock unit award was granted on March 5, 2020 and one-third of the restricted stock units vested on March 5, 2022.
F3 Represents the conversion upon vesting of restricted stock units into Common Stock. On March 5, 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 March 5, 2022. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on March 9, 2020.