James R. Potts - 01 Jul 2022 Form 4 Insider Report for BARRETT BUSINESS SERVICES INC (BBSI)

Role
EVP Gen Counsel & Secretary
Signature
/s/ Anthony Harris, as attorney-in-fact
Issuer symbol
BBSI
Transactions as of
01 Jul 2022
Net transactions value
-$25,665
Form type
4
Filing time
06 Jul 2022, 14:01:37 UTC
Previous filing
04 Jan 2022
Next filing
20 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBSI Common Stock Options Exercise $0 +886 +124% $0.000000 1,599 01 Jul 2022 Direct
transaction BBSI Common Stock Tax liability $25,665 -349 -22% $73.54 1,250 01 Jul 2022 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 BBSI Restricted Stock Units Options Exercise $0 -886 -25% $0.000000 2,658 01 Jul 2022 Common Stock 886 Direct F1, F2
transaction BBSI Restricted Stock Units Award $0 +3,698 $0.000000 3,698 01 Jul 2022 Common Stock 3,698 Direct F1, F3
transaction BBSI Restricted Stock Units Award $0 +564 $0.000000 564 01 Jul 2022 Common Stock 564 Direct F1, F4
* 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 the Issuer's common stock.
F2 The Restricted Stock Units vest in four annual installments beginning July 1, 2022, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
F3 The Restricted Stock Units vest in four annual installments beginning July 1, 2023, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
F4 The Restricted Stock Units vest in one installment on July 1, 2027, and will be settled by delivery of unrestricted shares of common stock on the vesting date.