Kathleen Shaw - Apr 1, 2022 Form 4 Insider Report for Blue Bird Corp (BLBD)

Role: Director
Signature: /s/ Matthew Meziere as attorney-in-fact
Stock symbol: BLBD
Transactions as of: Apr 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/6/2022, 03:31 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLBD	Common Stock	Award	$0	+2.62K	+28.3%	$0.00	11.9K	Apr 1, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.
F2	The RSUs will vest on April 1, 2023; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company or if the reporting person's service terminates due to death, disability or due to completion of the reporting person's term of office as a director. Shares of common stock will be issued in settlement of the RSUs upon the earlier of the recipient's termination of service as a director or a change in control.

Content

The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.

The RSUs will vest on April 1, 2023; provided, however, that such RSUs will vest in full upon the occurrence of a "change in control" of the Company or if the reporting person's service terminates due to death, disability or due to completion of the reporting person's term of office as a director. Shares of common stock will be issued in settlement of the RSUs upon the earlier of the recipient's termination of service as a director or a change in control.