Nicholas R. Bailey - 01 Mar 2022 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role
President & CEO - RE/MAX, LLC
Signature
/s/ Mark Rohr, as Attorney-in-Fact
Issuer symbol
RMAX
Transactions as of
01 Mar 2022
Net transactions value
-$100,895
Form type
4
Filing time
03 Mar 2022, 18:56:18 UTC
Previous filing
28 Sep 2021
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMAX Class A Common Stock Award $0 +16,343 +34% $0.000000 64,110 01 Mar 2022 Direct F1, F2
transaction RMAX Class A Common Stock Award $0 +10,895 +17% $0.000000 75,005 01 Mar 2022 Direct F3, F4
transaction RMAX Class A Common Stock Award $0 +6,013 +8% $0.000000 81,018 01 Mar 2022 Direct F4, F5
transaction RMAX Class A Common Stock Tax liability $49,410 -1,667 -2.1% $29.64 79,351 01 Mar 2022 Direct F4, F6
transaction RMAX Class A Common Stock Tax liability $51,485 -1,737 -2.2% $29.64 77,614 01 Mar 2022 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the RE/MAX Holdings, Inc. 2013 Omnibus Incentive Plan, on March 1, 2022, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2022, through December 31, 2024. The number set forth above is the target amount. The number of RSUs that vest will range from 0-200% of such amount.
F2 Includes 50,585 unvested RSUs.
F3 Pursuant to the RE/MAX Holdings, Inc. 2013 Omnibus Incentive Plan, on March 1, 2022, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2023.
F4 Includes 61,480 unvested RSUs.
F5 Represents shares of RMAX Class A common stock issued on March 1, 2022, for the portion of the 2021 bonus that was paid in equity.
F6 Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock in settlement of RSUs on March 1, 2022.
F7 Represents shares of Class A common stock withheld by the issuer in satisfaction of tax withholding obligations upon the issuance of Class A common stock for the portion of the 2021 bonus paid in equity on March 1, 2022.