Lisa M. Fairfax - 04 May 2022 Form 4 Insider Report for Franchise Group, Inc. (TAX)

Role
Director
Signature
Lisa M. Fairfax
Issuer symbol
TAX
Transactions as of
04 May 2022
Net transactions value
$0
Form type
4
Filing time
06 May 2022, 08:31:27 UTC
Previous filing
29 Mar 2022
Next filing
28 Jun 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 +2,255 +107% 4,372 04 May 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 -2,255 -100% $0.000000* 0 04 May 2022 Common Stock 2,255 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 May 4, 2021 and vested in full on May 4, 2022.
F3 Represents the conversion upon vesting of restricted stock units into Common Stock. On May 4, 2021, the reporting person was granted 2255 restricted stock units, of which all of the shares subject to the restricted stock units vested on May 4, 2022. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on May 6, 2021.