Thomas Herskovits - Mar 8, 2022 Form 4 Insider Report for Franchise Group, Inc. (FRG)

Role
Director
Signature
Thomas Herskovits
Stock symbol
FRG
Transactions as of
Mar 8, 2022
Transactions value $
$0
Form type
4
Date filed
3/10/2022, 03:26 PM
Previous filing
Feb 24, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRG Common Stock Options Exercise +2.36K +21.16% 13.5K Mar 8, 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 -2.36K -100% $0.00* 0 Mar 8, 2022 Common Stock 2.36K 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 8, 2021 and vested in full on March 8, 2022.
F3 Represents the conversion upon vesting of restricted stock units into Common Stock. On March 8, 2021, the reporting person was granted 2355 restricted stock units, of which all of the shares subject to the restricted stock units vested on March 8, 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, 2021.