John Hazen - 02 Jan 2025 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Role
INTERIM CEO
Signature
/s/ John Hazen
Issuer symbol
BOOT
Transactions as of
02 Jan 2025
Net transactions value
-$823,099
Form type
4
Filing time
03 Jan 2025, 17:13:29 UTC
Previous filing
25 Nov 2024
Next filing
13 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOOT Common Stock Options Exercise $63,930 +3,053 +78% $20.94 6,990 02 Jan 2025 Direct
transaction BOOT Common Stock Options Exercise $78,453 +3,258 +47% $24.08 10,248 02 Jan 2025 Direct
transaction BOOT Common Stock Sale $53,620 -354 -3.5% $151.47 9,894 02 Jan 2025 Direct F1, F2
transaction BOOT Common Stock Sale $812,164 -5,310 -54% $152.95 4,584 02 Jan 2025 Direct F1, F3
transaction BOOT Common Stock Sale $94,593 -614 -13% $154.06 3,970 02 Jan 2025 Direct F1, F4
transaction BOOT Common Stock Sale $5,103 -33 -0.83% $154.65 3,937 02 Jan 2025 Direct F1, F5
holding BOOT Common Stock 16,550 02 Jan 2025 Direct F6

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 -3,053 -100% $0.000000 0 02 Jan 2025 Common Stock 3,053 $20.94 Direct F7
transaction BOOT Options Options Exercise $0 -3,258 -100% $0.000000 0 02 Jan 2025 Common Stock 3,258 $24.08 Direct F7
* 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 August 14, 2024.
F2 Reflects the weighted average price of sales on January 2, 2025. The shares were sold in multiple transactions at prices ranging from $151.27 to $152.26, 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 January 2, 2025. The shares were sold in multiple transactions at prices ranging from $152.62 to $153.60, 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 Reflects the weighted average price of sales on January 2, 2025. The shares were sold in multiple transactions at prices ranging from $153.64 to $154.41, 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.
F5 Reflects the weighted average price of sales on January 2, 2025. The shares were sold in multiple transactions at prices ranging from $154.65 to $154.66, 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.
F6 Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of January 2, 2025 that remain subject to time-based vesting.
F7 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.