David Victor Christopherson - Dec 14, 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
Dec 14, 2023
Transactions value $
-$514,811
Form type
4
Date filed
12/18/2023, 04:15 PM
Previous filing
Jul 13, 2023
Next filing
Dec 22, 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 Options Exercise $104K +4.94K +13.52% $21.00* 41.5K Dec 14, 2023 Direct
transaction FND Class A common stock, par value $0.001 Options Exercise $20.8K +989 +2.38% $21.00* 42.5K Dec 14, 2023 Direct
transaction FND Class A common stock, par value $0.001 Sale -$639K -5.93K -13.96% $107.80 36.6K Dec 14, 2023 Direct F1

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 FND Stock Option (right to buy) Options Exercise $0 -4.94K -100% $0.00* 0 Dec 14, 2023 Class A Common Stock, par value $0.001 4.94K $21.00 Direct F2
transaction FND Stock Option (right to buy) Options Exercise $0 -989 -100% $0.00* 0 Dec 14, 2023 Class A Common Stock, par value $0.001 989 $21.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2023.
F2 The option vested and became exercisable in five equal installments on April 26 of each of 2018, 2019, 2020, 2021, and 2022.