John Hazen - May 22, 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 22, 2022
Transactions value $
-$857,908
Form type
4
Date filed
5/25/2022, 05:11 PM
Previous filing
May 23, 2022
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Tax liability -$77K -1.07K -13.84% $72.06 6.65K May 22, 2022 Direct F1
transaction BOOT Common Stock Options Exercise $78.5K +3.26K +48.99% $24.08* 9.91K May 23, 2022 Direct
transaction BOOT Common Stock Options Exercise $63.9K +3.05K +30.8% $20.94* 13K May 23, 2022 Direct
transaction BOOT Common Stock Sale -$470K -6.31K -48.68% $74.51 6.65K May 23, 2022 Direct F2
transaction BOOT Common Stock Sale -$356K -5.22K -78.4% $68.27 1.44K May 24, 2022 Direct F2, F3
transaction BOOT Common Stock Sale -$24.4K -350 -24.36% $69.64 1.09K May 24, 2022 Direct
transaction BOOT Common Stock Sale -$72.5K -1.09K -100% $66.69 0 May 25, 2022 Direct
holding BOOT Common Stock 15.3K May 22, 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 -3.26K -33.34% $0.00 6.52K May 23, 2022 Common Stock 3.26K $24.08 Direct F5
transaction BOOT Options Options Exercise $0 -3.05K -33.33% $0.00 6.11K May 23, 2022 Common Stock 3.05K $20.94 Direct F5
holding BOOT Options 11.3K May 22, 2022 Common Stock 11.3K $18.66 Direct F6
holding BOOT Options 3.11K May 22, 2022 Common Stock 3.11K $28.63 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 22, 2022, in connection with the vesting of shares underlying 2,156 previously disclosed restricted stock units, the issuer withheld 1,069 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $72.06 per share, the closing price of the common stock on the first trading day following the vesting date.
F2 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3 Reflects the weighted average price of sales on May 24, 2022. The shares were sold in multiple transactions at prices ranging from $67.01 to $69.68, 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 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of May 25, 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.