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

Role
Chief Operating Officer
Signature
/s/ Albert Hank
Stock symbol
BBQ
Transactions as of
Sep 2, 2022
Transactions value $
-$216,812
Form type
4
Date filed
9/12/2022, 01:19 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 +8.33K +57.3% 22.9K Sep 2, 2022 Direct F1
transaction BBQ Common Stock Tax liability -$73.6K -4.29K -18.73% $17.18 18.6K 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 -$143K -8.33K -50% $17.18 8.33K Sep 2, 2022 Common Stock 8.33K $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 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.