John Hazen - May 20, 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: May 20, 2022
Transactions value $: -$191,977
Form type: 4
Date filed: 5/23/2022, 06:15 AM
Previous filing: May 16, 2022
Next filing: May 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOOT	Common Stock	Tax liability	-$42.4K	-571	-9.3%	$74.32	5.57K	May 20, 2022	Direct	F1
transaction	BOOT	Common Stock	Options Exercise	$89K	+3.11K	+55.82%	$28.63	8.67K	May 20, 2022	Direct
transaction	BOOT	Common Stock	Sale	-$238K	-3.11K	-35.82%	$76.76	5.57K	May 20, 2022	Direct	F2, F3
holding	BOOT	Common Stock						17.5K	May 20, 2022	Direct	F4

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	-3.11K	-50%	$0.00	3.11K	May 20, 2022	Common Stock	3.11K	$28.63	Direct	F5
holding	BOOT	Options						11.3K	May 20, 2022	Common Stock	11.3K	$18.66	Direct	F6
holding	BOOT	Options						9.16K	May 20, 2022	Common Stock	9.16K	$20.94	Direct	F5
holding	BOOT	Options						9.78K	May 20, 2022	Common Stock	9.78K	$24.08	Direct	F5

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

Explanation of Responses:

Id	Content
F1	On May 20, 2022, in connection with the vesting of shares underlying 1,150 previously disclosed restricted stock units, the issuer withheld 571 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $74.32 per share, the closing price of the common stock on the vesting date.
F2	All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3	Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of May 20, 2022, excluding any shares of common stock subject to further vesting conditions.
F4	Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 20, 2022 that remain subject to time-based vesting.
F5	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.
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.