Shaun Mara - Nov 8, 2022 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Role: Chief Financial Officer
Signature: /s/ Timothy R. Kraft as Attorney-in-Fact for Shaun Mara
Stock symbol: SMPL
Transactions as of: Nov 8, 2022
Transactions value $: -$25,135
Form type: 4
Date filed: 11/10/2022, 06:47 PM
Previous filing: Nov 2, 2022
Next filing: Nov 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMPL	Common Stock	Award	$0	+27.4K	+291.18%	$0.00	36.8K	Nov 8, 2022	Direct	F1
transaction	SMPL	Common Stock	Tax liability	-$25.1K	-651	-1.77%	$38.61	36.2K	Nov 8, 2022	Direct	F2
transaction	SMPL	Common Stock	Award	$0	+4.11K	+11.36%	$0.00	40.3K	Nov 8, 2022	Direct	F3

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	+9.37K		$0.00	9.37K	Nov 8, 2022	Common Stock	9.37K	$38.61	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 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. Of the total RSUs awarded, 75% will vest 18 months after the grant date and 25% will vest on the second anniversary of the grant date, in both cases subject to the reporting person's continued service with the issuer as of the vesting date.
F2	Represents shares withheld by the Issuer to cover the tax withholding obligations upon the vesting of restricted stock units.
F3	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, 2023, subject to the reporting person's continuous service with the issuer as of each vesting date.
F4	The stock options vest in three substantially equal annual installments beginning on November 8, 2023, subject to the reporting person's continuous service with the issuer as of each vesting date.