Jeffery Crivello - Sep 2, 2022 Form 4 Insider Report for BBQ HOLDINGS, INC. (BBQ)

Role: Chief Executive Officer, Director
Signature: /s/ Jeffery Crivello
Stock symbol: BBQ
Transactions as of: Sep 2, 2022
Transactions value $: -$425,892
Form type: 4
Date filed: 9/12/2022, 12:53 PM
Previous 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		+61.7K	+12.36%		561K	Sep 2, 2022	Direct	F1
transaction	BBQ	Common Stock	Tax liability	-$426K	-24.8K	-4.42%	$17.18	536K	Sep 2, 2022	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	Restricted Stock Units	Options Exercise	$0	-61.7K	-50%	$0.00	61.7K	Sep 2, 2022	Common Stock	61.7K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted Stock Units convert into common stock on a one for one basis.
F2	Represents shares surrendered to the Company for payment of taxes
F3	On September 2, 2020, the reporting person was granted 185,000 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.