Albert Hank - Sep 2, 2021 Form 4 Insider Report for BBQ HOLDINGS, INC. (BBQ)

Role
Chief Operating Officer
Signature
/s/ Albert W. Hank
Stock symbol
BBQ
Transactions as of
Sep 2, 2021
Transactions value $
-$126,253
Form type
4
Date filed
9/7/2021, 06:08 PM
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBQ Common Stock Options Exercise $31.1K +5.82K +214.35% $5.34 8.54K Sep 2, 2021 Direct
transaction BBQ Common Stock Options Exercise $21.4K +5.41K +63.32% $3.96 13.9K Sep 2, 2021 Direct
transaction BBQ Common Stock Options Exercise $32.7K +10K +71.69% $3.27 23.9K Sep 2, 2021 Direct
transaction BBQ Common Stock Tax liability -$167K -11.8K -49.28% $14.09 12.2K Sep 2, 2021 Direct F1, F2
transaction BBQ Common Stock Options Exercise +8.33K +68.77% 20.5K Sep 2, 2021 Direct F3
transaction BBQ Common Stock Tax liability -$44.8K -3.21K -15.68% $13.96 17.2K Sep 2, 2021 Direct F2

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 BBQ Stock Option Options Exercise $0 -5.82K -58.24% $0.00 4.18K Sep 2, 2021 Common Stock 5.82K $5.34 Direct F4
transaction BBQ Stock Option Options Exercise $0 -5.41K -54.08% $0.00 4.59K Sep 2, 2021 Common Stock 5.41K $3.96 Direct F4
transaction BBQ Stock Options Options Exercise $0 -10K -50% $0.00 10K Sep 2, 2021 Common Stock 10K $3.27 Direct F5
transaction BBQ Restricted Stock Unit Options Exercise $0 -8.33K -33.33% $0.00 16.7K Sep 2, 2021 Common Stock 8.33K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered for payment of exercise price.
F2 Represents shares surrendered to the Company for payment of taxes
F3 Restricted stock units convert into common stock on a one for one basis.
F4 Option vests monthly over 48 months from date of grant.
F5 Option vests annually over two years.
F6 On September 2, 2020, the reporting person was granted 25,000 restricted stock units, vesting in three equal annual installments, upon the Company's stock price equaling or exceeding $8.50 per share on the applicable vesting date.