Timothy R. Kraft - Nov 8, 2021 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Signature
/s/ Timothy R. Kraft
Stock symbol
SMPL
Transactions as of
Nov 8, 2021
Transactions value $
-$292,905
Form type
4
Date filed
11/10/2021, 06:47 PM
Next filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Award $0 +2.53K +5.49% $0.00 48.6K Nov 8, 2021 Direct F1
transaction SMPL Common Stock Tax liability -$293K -7.17K -14.75% $40.88 41.4K Nov 8, 2021 Direct F2

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 SMPL Options to Purchase Common Stock Award $0 +6.67K $0.00 6.67K Nov 8, 2021 Common Stock 6.67K $40.88 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents time-based restricted stock units ("RSUs") granted under the issuer's 2017 Omnibus Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in three substantially equal annual installments beginning on November 8, 2022, subject to the reporting person's continuous service with the issuer as of each vesting date.
F2 Represents shares withheld by the Issuer to cover the tax withholding obligations upon the vesting of previously issued performance stock units and restricted stock units.
F3 The stock options vest in three substantially equal annual installments beginning on November 8, 2022, subject to the reporting person's continuous service with the issuer as of each vesting date.