Cynthia S. Dubin - Feb 23, 2023 Form 4 Insider Report for Franchise Group, Inc. (FRG FRGAP)

Role
Director
Signature
/s/ Cynthia S. Dubin
Stock symbol
FRG FRGAP
Transactions as of
Feb 23, 2023
Transactions value $
$1,423
Form type
4
Date filed
2/27/2023, 03:05 PM
Previous filing
May 6, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRG FRGAP Common Stock Purchase $1.42K +45 +2% $31.63* 2.3K Feb 23, 2023 Direct F1
transaction FRG FRGAP Common Stock Options Exercise +2.06K +89.7% 4.36K Feb 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 FRG FRGAP Restricted Stock Units Options Exercise $0 -2.06K -100% $0.00* 0 Feb 23, 2023 Common Stock 2.06K Direct F3, F4
transaction FRG FRGAP Restricted Stock Units Award $0 +3.26K $0.00 3.26K Feb 24, 2023 Common Stock 3.26K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired under a broker automatic dividend reinvestment plan.
F2 Represents the conversion upon vesting of restricted stock units into Common Stock. On February 23, 2022, the reporting person was granted 2063 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.
F3 Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.
F4 The restricted stock unit award was granted on February 23, 2022 and vested in full on February 23, 2023.
F5 The restricted stock unit award was granted on February 24, 2023 and vests in full on February 24, 2024.