Christine Chang - Apr 15, 2023 Form 4 Insider Report for HF Foods Group Inc. (HFFG)

Signature
/s/ Christine Chang
Stock symbol
HFFG
Transactions as of
Apr 15, 2023
Transactions value $
$150,000
Form type
4
Date filed
4/18/2023, 09:38 PM
Previous filing
Apr 4, 2023
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFFG Common Stock Award $150K +38.9K +77.98% $3.86 88.7K Apr 15, 2023 Direct F1, F2
transaction HFFG Common Stock Options Exercise $0 +9.13K +10.3% $0.00 97.8K Apr 15, 2023 Direct F3
transaction HFFG Common Stock Tax liability $0 -2.71K -2.77% $0.00 95.1K Apr 15, 2023 Direct F4
transaction HFFG Common Stock Tax liability $0 -2.54K -2.67% $0.00 92.6K Apr 15, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units; vests in one-third increments on each of the first three anniversaries of the grant date of April 15, 2023.
F2 Reflects an adjustment to include 6,421 shares the reporting person was entitled to pursuant to their employment agreement awarded under the terms of the restricted stock units granted on September 1, 2022. Also includes an adjustment to dispose of 185 shares withheld to satisfy the tax obligations upon the vesting of performance stock units on January 31, 2023.
F3 On November 15, 2022, the reporting person was granted 27,401 performance stock units with each unit representing the right to receive one share of common stock, one-third of which vested on April 15, 2023.
F4 Represents shares withheld to satisfy tax obligations upon the vesting of performance stock units performance stock units described in footnote 3.
F5 Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units.