James M. Watkins - Sep 10, 2024 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Role
CFO & SECRETARY
Signature
/s/ James M. Watkins
Stock symbol
BOOT
Transactions as of
Sep 10, 2024
Transactions value $
-$1,356,273
Form type
4
Date filed
9/11/2024, 04:05 PM
Previous filing
Aug 13, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Options Exercise $28.7K +1.37K +7.98% $20.94 18.5K Sep 10, 2024 Direct
transaction BOOT Common Stock Options Exercise $35.4K +1.5K +8.1% $23.57 20K Sep 10, 2024 Direct
transaction BOOT Common Stock Options Exercise $17.6K +730 +3.64% $24.08 20.8K Sep 10, 2024 Direct
transaction BOOT Common Stock Sale -$1.19M -7.78K -37.45% $153.58 13K Sep 10, 2024 Direct F1, F2
transaction BOOT Common Stock Sale -$244K -1.58K -12.16% $154.23 11.4K Sep 10, 2024 Direct F1, F3
holding BOOT Common Stock 11.5K Sep 10, 2024 Direct F4

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 BOOT Options Options Exercise $0 -1.37K -100% $0.00 0 Sep 10, 2024 Common Stock 1.37K $20.94 Direct F5
transaction BOOT Options Options Exercise $0 -1.5K -100% $0.00 0 Sep 10, 2024 Common Stock 1.5K $23.57 Direct F5
transaction BOOT Options Options Exercise $0 -730 -100% $0.00 0 Sep 10, 2024 Common Stock 730 $24.08 Direct F5
* 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 These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2024.
F2 Reflects the weighted average price of sales on September 10, 2024. The shares were sold in multiple transactions at prices ranging from $153.02 to $154.01, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3 Reflects the weighted average price of sales on September 10, 2024. The shares were sold in multiple transactions at prices ranging from $154.02 to $154.56, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F4 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of September 10, 2024 that remain subject to time-based vesting.
F5 The Options were granted under the Company's 2014 Equity Incentive Plan and were subject to vesting over a four-year period in equal annual installments on each anniversary of the grant date.