John F. North - 31 Dec 2024 Form 5 Insider Report for Lazydays Holdings, Inc. (GORV)

Role
Chief Executive Officer, Director
Signature
/s/ John F. North
Issuer symbol
GORV
Transactions as of
31 Dec 2024
Net transactions value
-$12,820
Form type
5
Filing time
11 Feb 2025, 20:09:03 UTC
Previous filing
16 Dec 2024
Next filing
02 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GORV Common Stock Options Exercise +35,103 0 06 Sep 2024 Direct F1
transaction GORV Common Stock Tax liability $12,820 -8,547 -100% $1.50 0 06 Sep 2024 Direct

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 GORV Restricted Stock Units Options Exercise $0 -35,103 -100% $0.000000 0 06 Sep 2024 Common Stock 35,103 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John F. North is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This acquisition of Common Stock represents the vesting of Restricted Stock Units, which convert to Common Stock on a one-for-one basis.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 On September 6, 2022, the reporting person was granted 105,308 Restricted Stock Units that vest as follows: 35,103 on September 6, 2023, 35,103 on September 6, 2024, and 35,102 on September 6, 2025, subject to continued employment. The 35,102 unvested Restricted Stock Units outstanding on the date of the reporting person's resignation were forfeited and will not vest.

Remarks:

The reporting person resigned as Lazydays Holdings, Inc.'s Chief Executive Officer and a director effective September 13, 2024. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in equity securities of Lazydays Holdings, Inc. and therefore will no longer report any such transactions on Form 4 or Form 5.