Timothy A. Matthews - May 11, 2023 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Role: VP, Controller and CAO
Signature: /s/ Timothy A. Matthews
Stock symbol: SMPL
Transactions as of: May 11, 2023
Transactions value $: -$662,360
Form type: 4
Date filed: 5/11/2023, 09:54 PM
Previous filing: Nov 10, 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	Options Exercise	$202K	+16.8K	+93.13%	$12.00	34.8K	May 11, 2023	Direct
transaction	SMPL	Common Stock	Sale	-$662K	-16.8K	-48.22%	$39.43	18K	May 11, 2023	Direct	F1

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	Options Exercise	-$202K	-16.8K	-92.97%	$12.00	1.27K	May 11, 2023	Common Stock	16.8K	$12.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $39.294 to $39.59, inclusive. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The stock options vested in three substantially equal annual installments beginning on July 14, 2018. As a result, these stock options are fully vested.

Content

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $39.294 to $39.59, inclusive. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The stock options vested in three substantially equal annual installments beginning on July 14, 2018. As a result, these stock options are fully vested.