Barclay F. Corbus - Jan 21, 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (OSTK)

Role
Director
Signature
/s/ Allison Fletcher, Attorney-in-Fact
Stock symbol
OSTK
Transactions as of
Jan 21, 2023
Transactions value $
-$20,031
Form type
4
Date filed
1/24/2023, 05:23 PM
Previous filing
Feb 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 $0.13 +1.33K +2.74% $0.00* 49.9K Jan 21, 2023 Direct F1
transaction OSTK Common Stock Sale -$20K -933 -1.87% $21.47 49K Jan 23, 2023 Direct F2, F3

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 -1.33K -14.28% $0.00 8K Jan 21, 2023 Common Stock 1.33K Direct F4
transaction OSTK Restricted Stock Units Award $0 +7.41K $0.00 7.41K Jan 23, 2023 Common Stock 7.41K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,260 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.
F2 The sale reported in this Form 4 was effected pursuant to the Rule 10b5-1 trading plan adopted by reporting person on August 2, 2022.
F3 $21.47 is the weighted average sale price for the 933 shares sold January 23, 2023. The shares were sold in multiple transactions at prices ranging from $21.34 to $21.745 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of he issuer, full information regarding the number of shares sold at each separate price.
F4 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.
F5 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units will vest at the close of business on January 23, 2024. 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.