Thomas V. Taylor - Feb 26, 2024 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 26, 2024
Transactions value $
-$445,673
Form type
4
Date filed
2/28/2024, 07:01 PM
Previous filing
Dec 18, 2023
Next filing
Mar 1, 2024

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 -$90.3K -771 -0.43% $117.11 177K Feb 26, 2024 Direct F1
transaction FND Class A common stock, par value $0.001 Award $0 +22.9K +12.9% $0.00 200K Feb 26, 2024 Direct F2
transaction FND Class A common stock, par value $0.001 Tax liability -$355K -2.95K -1.47% $120.55 197K Feb 27, 2024 Direct F3
holding FND Class A common stock, par value $0.001 965 Feb 26, 2024 By son
holding FND Class A common stock, par value $0.001 33.9K Feb 26, 2024 By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 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 26 of each of 2025, 2026, and 2027.
F3 Represents shares of RSUs surrendered to satisfy the reporting person's tax withholding obligation upon vesting of RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
F4 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.