David J. Nielsen - Jan 21, 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (OSTK)

Role
PRESIDENT
Signature
/s/ Allison Fletcher, Attorney-in-Fact
Stock symbol
OSTK
Transactions as of
Jan 21, 2023
Transactions value $
-$65,685
Form type
4
Date filed
1/24/2023, 04:09 PM
Previous filing
Feb 25, 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 $0.67 +6.67K +26.65% $0.00* 31.7K Jan 21, 2023 Direct F1
transaction OSTK Common Stock Tax liability -$65.7K -3.07K -9.68% $21.41 28.6K Jan 21, 2023 Direct
holding OSTK Common Stock 2.45K 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 -6.67K -16.66% $0.00 33.3K Jan 21, 2023 Common Stock 6.67K Direct F2
transaction OSTK Restricted Stock Units Award $0 +62.9K +188.67% $0.00 96.2K Jan 23, 2023 Common Stock 62.9K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the previously unreported donation of 423 shares of common stock by the reporting person. Includes (i) 560 shares acquired in connection with the conversion of the Company's outstanding shares of Series A-1 and Series B Preferred Stock into shares of common stock, which was completed on June 10, 2022, (ii) 332 shares acquired under the Company's Employee Stock Purchase Plan on February 28, 2022, and (iii) 20 shares acquired under the Company's Employee Stock Purchase Plan on August 31, 2022.
F2 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.
F3 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.