Jonathan E. Johnson III - Jan 21, 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (OSTK)

Signature
/s/ Allison Fletcher, Attorney-in-Fact
Stock symbol
OSTK
Transactions as of
Jan 21, 2023
Transactions value $
-$159,203
Form type
4
Date filed
1/24/2023, 03:52 PM
Previous filing
Nov 18, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSTK Common Stock Options Exercise $1.67 +16.7K +13.11% $0.00* 144K Jan 21, 2023 Direct
transaction OSTK Common Stock Tax liability -$159K -7.44K -5.17% $21.41 136K Jan 21, 2023 Direct
holding OSTK Common Stock 1.69K Jan 21, 2023 Based on 1/19/23 401k Plan balance provided by Fidelity

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 OSTK Restricted Stock Units Options Exercise $0 -16.7K -20.83% $0.00 63.3K Jan 21, 2023 Common Stock 16.7K Direct F1
transaction OSTK Restricted Stock Units Award $0 +162K +255.35% $0.00 225K Jan 23, 2023 Common Stock 162K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest or have vested in three equal installments at the close of business on January 21, 2023, January 21, 2024, and January 21, 2025. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.
F2 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest in three equal installments at the close of business on January 23, 2024, January 23, 2025, and January 23, 2026. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.