| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HNST | Common Stock | Award | $62.5K | +21.6K | +31.45% | $2.89 | 90.4K | Jan 1, 2023 | Direct | F1, F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Pursuant to the Issuer's Non-Employee Director Compensation Policy, directors may elect to receive an award of restricted stock units (RSUs) in lieu of an annual cash retainer for their service on the board. In accordance with the reporting person's election, the reporting person was issued the RSUs for the fiscal year 2023. The RSUs vest in four installments: 5,409 RSUs on March 31, 2023, 5,410 RSUs on June 30, 2023, 5,409 RSUs on September 30, 2023 and 5,410 RSUs on December 31, 2023 and are payable in an equivalent number of shares of the Issuer's Common Stock. |
| F2 | The number of shares of RSUs is equal to $62,500 divided by $2.89, the average of the closing price of the Issuer's common stock on the Nasdaq Global Select Market for the 30 days prior to the date of grant. |
| F3 | Includes 70,253 RSUs which are payable in an equivalent number of shares of the Issuer's common stock. |
| F4 | Avik Pramanik has entered into a Nominee and Indemnity Agreement, pursuant to which he has agreed that all equity awards granted to him for his service as director of the Issuer are held, effective from the date of grant, for the benefit of L Catterton VIII, L.P and L Catterton VIII Offshore, L.P. (together, "L Catterton VIII"). L Catterton VIII, together with Catterton Managing Partner VIII, L.L.C, as the general partner of L Catterton VIII, and C8 Management, L.L.C, as the managing member of Catterton Managing Partner VIII, L.L.C. (each of the foregoing, the "Catterton Entities"), may be deemed to have shared beneficial ownership of the equity awards granted to and held by the reporting person. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, the L Catterton Entities and THC Shared Abacus, LP may be deemed directors by deputization with respect to the Issuer. |
| F5 | The reporting person disclaims beneficial ownership of, and all right, title and interest in, the reported securities. |