Matthew E. Avril - 23 Feb 2023 Form 4 Insider Report for Franchise Group, Inc. (TAX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2023, 15:05:25 UTC
Prior SEC filing
10 Mar 2022
Next SEC filing
23 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Matthew E. Avril

Key filing fact

Matthew E. Avril filed Form 4 for Franchise Group, Inc. (TAX) on 27 Feb 2023.

Key facts

  • This page summarizes Matthew E. Avril's Form 4 filing for Franchise Group, Inc. (TAX).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 27 Feb 2023, 15:05.

Change

  • Previous filing in this sequence was filed on 10 Mar 2022.
  • Current net transaction value: +$4,365.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FRG FRGAP transaction

Common Stock

Purchase

Transaction value
$4,365
Shares
+138
Change %
+0.11%
Price
$31.63*
Shares after
123,620
Date
23 Feb 2023
Ownership
Direct
Footnotes
F1
FRG FRGAP transaction

Common Stock

Options Exercise

Transaction value
Shares
+4,421
Change %
+3.6%
Price
Shares after
128,041
Date
23 Feb 2023
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FRG FRGAP transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,421
Change %
-100%
Price
$0.000000*
Shares after
0
Date
23 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,421
Exercise price
Footnotes
F3, F4
FRG FRGAP transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+6,986
Change %
Price
$0.000000
Shares after
6,986
Date
24 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,986
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares acquired under a broker automatic dividend reinvestment plan.

Footnote F2

Represents the conversion upon vesting of restricted stock units into Common Stock. On February 23, 2022, the reporting person was granted 4,421 restricted stock units, of which all of the shares subject to the restricted stock units vested on February 23, 2023. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on February 24, 2022.

Footnote F3

Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.

Footnote F4

The restricted stock unit award was granted on February 23, 2022 and vested in full on February 23, 2023.

Footnote F5

The restricted stock unit award was granted on February 24, 2023 and vests in full on February 24, 2024.

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