Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BLBD | Common Stock, par value $0.0001 | Award | $0 | +23.2K | +23.83% | $0.00 | 120K | Dec 9, 2023 | Direct | F1, F2 |
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 vest 1/3 on each of the dates December 7, 2024, December 6, 2025, and December 5, 2026 subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award. Any downward adjustments shall not reduce the number of RSU's that vest below 50% of the amount(s) granted. |