Adam W. Grosshans - Mar 1, 2023 Form 4 Insider Report for RE/MAX Holdings, Inc. (RMAX)

Signature
/s/ Mark Rohr, as Attorney-in-Fact
Stock symbol
RMAX
Transactions as of
Mar 1, 2023
Transactions value $
-$10,761
Form type
4
Date filed
3/3/2023, 06:17 PM
Previous filing
Feb 27, 2023
Next filing
Mar 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMAX Class A Common Stock Award $0 +4.69K +71.08% $0.00 11.3K Mar 1, 2023 Direct F1, F2
transaction RMAX Class A Common Stock Award $0 +4.69K +41.55% $0.00 16K Mar 1, 2023 Direct F3, F4
transaction RMAX Class A Common Stock Tax liability -$10.8K -582 -3.65% $18.49 15.4K Mar 1, 2023 Direct F4, F5
* 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, 2023, the reporting person was granted performance-based restricted stock units ("RSUs") which will vest, if at all, following the performance period of January 1, 2023, through December 31, 2025. 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 8,399 unvested RSUs.
F3 Pursuant to the RE/MAX Holdings, Inc. 2013 Omnibus Incentive Plan, on March 1, 2023, the reporting person was granted time-based RSUs which vest in three equal annual installments beginning on March 1, 2024.
F4 Includes 13,084 unvested RSUs.
F5 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, 2023.