Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FARM | Common Stock | Award | $0 | +92K | +85.43% | $0.00 | 200K | Feb 12, 2024 | Direct | F1 |
holding | FARM | Common Stock | 637 | Feb 12, 2024 | Held in the Company's 401(k) Plan |
Id | Content |
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F1 | Represents a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2017 Long-Term Incentive Plan (the "Plan"), which were granted effective February 12, 2024 ("Grant Date"). The RSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on February 12, 2025, and will settle in common stock upon vesting, subject to the reporting person's continued service to the Company and the acceleration provisions of the Plan and RSU grant agreement. |