Britton Smith - May 31, 2023 Form 3 Insider Report for Blue Bird Corp (BLBD)

Role
President
Signature
/s/ Matthew Meziere as attorney-in-fact
Stock symbol
BLBD
Transactions as of
May 31, 2023
Transactions value $
$0
Form type
3
Date filed
6/7/2023, 05:16 PM
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BLBD Common Stock, par value $0.0001 per share 27.9K May 31, 2023 Direct F1

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
holding BLBD Stock Option (right to buy) May 31, 2023 Common Stock 9.34K $12.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total is comprised of 2,508 shares of Blue Bird Corporation common stock and grants of 25,420 restricted stock units ("RSUs"), with each RSU representing a contingent right to receive one share of the common stock of Blue Bird Corporation, that vest as follows: 11,250 RSUs vest in three equal installments effective July 1, 2023, July 1, 2024 and July 1, 2025; 8,097 RSUs vest in three equal installments effective December 12, 2023, December 12, 2024 and December 12, 2025; and 6,073 RSUs vest in three equal installments effective December 12, 2023, December 12, 2024 and December 12, 2025, subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award with any such adjustments not reducing the number of RSU's that vest below 50% of the amount(s) granted.
F2 Award represents one stock option grant that vests in three equal installments effective December 12, 2023, December 12, 2024, and December 12, 2025.