Razvan Radulescu - 17 Dec 2024 Form 4 Insider Report for Blue Bird Corp (BLBD)

Role
Chief Financial Officer
Signature
/s/ Matthew Meziere as attorney-in-fact
Issuer symbol
BLBD
Transactions as of
17 Dec 2024
Net transactions value
-$692,435
Form type
4
Filing time
18 Dec 2024, 15:02:55 UTC
Previous filing
13 Dec 2024
Next filing
11 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLBD Common Stock, par value $0.0001 Options Exercise $43,260 +2,163 +2.2% $20.00 101,510 17 Dec 2024 Direct
transaction BLBD Common Stock, par value $0.0001 Options Exercise $43,274 +3,504 +3.5% $12.35 105,014 17 Dec 2024 Direct
transaction BLBD Common Stock, par value $0.0001 Options Exercise $43,274 +3,504 +3.3% $12.35 108,518 17 Dec 2024 Direct
transaction BLBD Common Stock, par value $0.0001 Sale $822,244 -19,171 -18% $42.89 89,347 17 Dec 2024 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
transaction BLBD Stock Option (right to buy) Options Exercise $0 -2,163 -100% $0.000000 0 17 Dec 2024 Common Stock, par value $0.0001 2,163 $20.00 Direct
transaction BLBD Stock Option (right to buy) Options Exercise $0 -3,504 -100% $0.000000 0 17 Dec 2024 Common Stock, par value $0.0001 3,504 $12.35 Direct
transaction BLBD Stock Option (right to buy) Options Exercise $0 -3,504 -50% $0.000000 3,503 17 Dec 2024 Common Stock, par value $0.0001 3,504 $12.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price resulting from shares sold in multiple transactions on December 17, 2024, pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 12, 2024, at prices ranging from $42.60 to $43.58, inclusive. The reporting person undertakes to provide to Blue Bird Corporation, any security holder of Blue Bird Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 One of the option's three tranches vested on December 12, 2024.