Richard Halle - Mar 1, 2023 Form 4 Insider Report for Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Role
Director
Signature
/s/ Kemper Isely, by Power of Attorney
Stock symbol
NGVC
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:01 PM
Previous filing
Mar 4, 2022
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NGVC Common Stock Options Exercise $0 +3.42K +6.82% $0.00 53.6K Mar 2, 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 NGVC Restricted Stock Units Award $0 +5.54K +161.75% $0.00 8.96K Mar 1, 2023 Common Stock 5.54K Direct F2, F3
transaction NGVC Restricted Stock Units Options Exercise -3.42K -38.2% 5.54K Mar 2, 2023 Common Stock 3.42K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of NGVC common stock issued to the reporting person upon the vesting of 3,422 restricted stock units on March 2, 2023, where each restricted stock unit represented the economic equivalent of one share of NGVC common stock.
F2 Each restricted stock unit represents a contingent right to receive one share of NGVC common stock.
F3 Represents restricted stock units issued to the reporting person for service on the Company's board of directors (the "Board"). The restricted stock units vest on March 1, 2024, subject to continued service on the Board, and will be settled in shares of NGVC common stock.