Adam Michaels - Oct 18, 2023 Form 4 Insider Report for Mama's Creations, Inc. (MAMA)

Role
Chief Executive Officer, Director
Signature
/s/ Charles Lange, attorney in fact for Adam Michaels
Stock symbol
MAMA
Transactions as of
Oct 18, 2023
Transactions value $
$0
Form type
4
Date filed
10/20/2023, 05:03 PM
Previous filing
Oct 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAMA Common Stock Award +278K +277.64% 378K Oct 18, 2023 Direct F1, F2
transaction MAMA Common Stock Award +185K +49.01% 563K Oct 18, 2023 Direct F1, F3
transaction MAMA Common Stock Award +46.1K +8.2% 609K Oct 18, 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of restricted stock units, each of which represents a contingent right to receive one share of MAMA common stock.
F2 The restricted stock units represent a "sign-on" grant pursuant to the reporting person's employment agreement and are 25% vested on the date of grant. The remaining 75% vest in three equal annual installments on September 22, 2024, 2025 and 2026.
F3 The restricted stock units represent an annual grant for 2022 service by the reporting person and are 25% vested on the date of grant. The remaining 75% vest in three equal annual installments on September 22, 2024, 2025 and 2026.
F4 The restricted stock units represent an annual grant for 2023 service by the reporting person and will vest in four equal annual installments on September 22, 2024, 2025, 2026 and 2027.