Phil Horlock - Dec 9, 2023 Form 4 Insider Report for Blue Bird Corp (BLBD)

Role
Chief Executive Officer
Signature
/s/ Matthew Meziere as attorney-in-fact
Stock symbol
BLBD
Transactions as of
Dec 9, 2023
Transactions value $
$0
Form type
4
Date filed
12/12/2023, 03:54 PM
Previous filing
Jun 2, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLBD Common Stock, par value $0.0001 per share Award $0 +81.1K +16.59% $0.00 570K Dec 9, 2023 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 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.