John Hazen - Mar 19, 2022 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Role
CHIEF DIGITAL OFFICER
Signature
/s/ John Hazen
Stock symbol
BOOT
Transactions as of
Mar 19, 2022
Transactions value $
-$1,294,754
Form type
4
Date filed
3/23/2022, 06:59 PM
Previous filing
May 26, 2021
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Tax liability -$133K -1.33K -35.48% $100.00 2.42K Mar 19, 2022 Direct F1
transaction BOOT Common Stock Options Exercise $210K +11.3K +465.04% $18.66* 13.7K Mar 21, 2022 Direct
transaction BOOT Common Stock Sale -$1.13M -11.3K -82.3% $100.44 2.42K Mar 21, 2022 Direct F2, F3
transaction BOOT Common Stock Sale -$241K -2.42K -100% $99.73 0 Mar 23, 2022 Direct F2, F4
holding BOOT Common Stock 15.3K Mar 19, 2022 Direct F5

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 BOOT Options Options Exercise $0 -11.3K -50% $0.00 11.3K Mar 21, 2022 Common Stock 11.3K $18.66 Direct F6
holding BOOT Options 6.21K Mar 19, 2022 Common Stock 6.21K $28.63 Direct F7
holding BOOT Options 9.16K Mar 19, 2022 Common Stock 9.16K $20.94 Direct F7
holding BOOT Options 9.78K Mar 19, 2022 Common Stock 9.78K $24.08 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 19, 2022, in connection with the vesting of shares underlying 3,751 previously disclosed restricted stock units, the issuer withheld 1,331 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $100.00 per share, the closing price of the common stock on the first trading day following the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of March 19, 2022, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions. See Note 5 below.
F2 All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Reflects the weighted average price of sales on March 21, 2022. The shares were sold in multiple transactions at prices ranging from $98.45 to $104.90, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 Reflects the weighted average price of sales on March 23, 2022. The shares were sold in multiple transactions at prices ranging from $97.93 to $101.53, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F5 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of March 23, 2022 that remain subject to time-based vesting.
F6 The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a five-year period in equal annual installments on each anniversary of the grant date.
F7 The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a four-year period in equal annual installments on each anniversary of the grant date.