Kenneth M. Young - Oct 27, 2021 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
President
Signature
/s/ Kenneth M. Young
Stock symbol
RILY
Transactions as of
Oct 27, 2021
Transactions value $
$0
Form type
4
Date filed
10/29/2021, 05:00 PM
Previous filing
Aug 27, 2021
Next filing
Nov 4, 2021

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 RILY Performance Restricted Stock Units Award $0 +65K $0.00 65K Oct 27, 2021 Common Stock 65K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Issuer common stock. The PRSUs will vest upon the Issuer achieving Adjusted Stock Price Hurdle of $135.00 (including reinvestment of dividends), but not before February 28, 2024, or upon a Change in Control (as defined in the 2021 Stock Incentive Plan), provided that such Adjusted Stock Price Hurdle is achieved, or Change in Control occurs within three (3) years of the grant date and the employee continues to be employed on the vesting date.