Thomas V. Taylor - Feb 24, 2023 Form 4 Insider Report for Floor & Decor Holdings, Inc. (FND)

Signature
/s/ Monica Shilling, by Power of Attorney
Stock symbol
FND
Transactions as of
Feb 24, 2023
Transactions value $
-$7,380,191
Form type
4
Date filed
2/28/2023, 03:58 PM
Previous filing
Jun 17, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FND Class A common stock, par value $0.001 Tax liability -$5.61M -61.7K -23.57% $91.00 200K Feb 24, 2023 Direct F1
transaction FND Class A common stock, par value $0.001 Tax liability -$1.77M -19.4K -9.72% $91.00 180K Feb 24, 2023 Direct F2
transaction FND Class A common stock, par value $0.001 Award $0 +20.5K +11.37% $0.00 201K Feb 27, 2023 Direct F3
transaction FND Class A common stock, par value $0.001 Award $0 +36.5K +18.17% $0.00 237K Feb 27, 2023 Direct F4
holding FND Class A common stock, par value $0.001 965 Feb 24, 2023 By son
holding FND Class A common stock, par value $0.001 48.9K Feb 24, 2023 By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock surrendered to satisfy the reporting person's tax withholding obligation upon vesting of performance stock. The deemed disposition of the shares surrendered is exempt pursuant to Rule 16b-3(e).
F2 Represents shares of restricted stock surrendered to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the shares surrendered is exempt pursuant to Rule 16b-3(e).
F3 Comprised of Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of the Issuer's Class A common stock. The RSUs vest ratably on February 27 of each of 2024, 2025 and 2026.
F4 Represents a grant of RSUs. The RSUs vest, cumulatively, as follows: 33% on the second anniversary of the grant date and 100% on the third anniversary of the grant date.
F5 The reported securities are remainder interests held in sub-trust accounts of the Taylor Grantor Retained Annuity Trust, which are held for the benefit of the reporting person's children. Such securities will be distributed to each child upon their 30th birthday and, because of the nature of the sub-trusts, distributions will be non-discretionary and therefore will not be reported.