Todd Dissinger - Aug 15, 2023 Form 4 Insider Report for Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Role
Chief Financial Officer
Signature
/s/ Todd Dissinger
Stock symbol
NGVC
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4
Date filed
8/17/2023, 06:00 PM
Previous filing
Jun 29, 2023
Next filing
Oct 20, 2023

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 +34.2K +51.98% $0.00 100K Aug 15, 2023 Common Stock 34.2K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of NGVC common stock.
F2 11,407 of these RSUs will vest on August 15, 2024; 11,407 will vest on August 15, 2025; and 11,406 will vest on August 15, 2026.
F3 In addition to the transaction reported on this Form 4, includes: (a) 1,600 restricted stock units vesting on each of October 1, 2023 and 2024; (b) 1,920 restricted stock units vesting on each of October 1, 2023, 2024 and 2025; (c) 25,000 restricted stock units vesting on September 30, 2024; and (d) 31,876 restricted stock units vesting on December 31, 2024.