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

Role
CEO and President, Director
Signature
/s/ Timothy R. Kraft, as Attorney-in-Fact for Joseph E. Scalzo
Stock symbol
SMPL
Transactions as of
Nov 8, 2022
Transactions value $
-$202,432
Form type
4
Date filed
11/10/2022, 06:49 PM
Previous filing
May 4, 2022
Next filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Tax liability -$202K -5.24K -11.51% $38.61 40.3K Nov 8, 2022 Direct F1
transaction SMPL Common Stock Award $0 +20.5K +50.83% $0.00 60.8K Nov 8, 2022 Direct F2
transaction SMPL Common Stock Award $0 +15.5K +25.54% $0.00 76.3K 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 +35.4K $0.00 35.4K Nov 8, 2022 Common Stock 35.4K $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 shares withheld by the Issuer to cover the tax withholding obligations upon the vesting of restricted stock units.
F2 Represents the net shares of common stock acquired by the Reporting Person upon the vesting of performance-based restricted stock units ("PSUs") granted on November 8, 2019 under the issuer's 2017 Omnibus Incentive Plan.
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.