Shaun Mara - 08 Nov 2022 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Signature
/s/ Timothy R. Kraft as Attorney-in-Fact for Shaun Mara
Issuer symbol
SMPL
Transactions as of
08 Nov 2022
Net transactions value
-$25,135
Form type
4
Filing time
10 Nov 2022, 18:47:49 UTC
Previous filing
02 Nov 2022
Next filing
13 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Award $0 +27,412 +291% $0.000000 36,826 08 Nov 2022 Direct F1
transaction SMPL Common Stock Tax liability $25,135 -651 -1.8% $38.61 36,175 08 Nov 2022 Direct F2
transaction SMPL Common Stock Award $0 +4,111 +11% $0.000000 40,286 08 Nov 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 +9,369 $0.000000 9,369 08 Nov 2022 Common Stock 9,369 $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.