Ward M. Morrison - Mar 1, 2022 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Role
Pres. & CEO - Motto & wemlo
Signature
/s/ Mark Rohr, as Attorney-in-Fact
Stock symbol
RMAX
Transactions as of
Mar 1, 2022
Transactions value $
-$112,810
Form type
4
Date filed
3/3/2022, 07:07 PM
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMAX Class A Common Stock Award $0 +14.7K +33.74% $0.00 58.1K Mar 1, 2022 Direct F1, F2
transaction RMAX Class A Common Stock Award $0 +9.78K +16.82% $0.00 67.9K Mar 1, 2022 Direct F3, F4
transaction RMAX Class A Common Stock Award $0 +5.4K +7.95% $0.00 73.3K Mar 1, 2022 Direct F4, F5
transaction RMAX Class A Common Stock Tax liability -$66.6K -2.25K -3.07% $29.64 71.1K Mar 1, 2022 Direct F4, F6
transaction RMAX Class A Common Stock Tax liability -$46.2K -1.56K -2.19% $29.64 69.5K Mar 1, 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 43,045 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 52,823 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.