Christopher K. Wall - Feb 25, 2022 Form 4 Insider Report for Aaron's Company, Inc. (AAN)

Role
Chief Financial Officer
Signature
/s/ Douglass L. Noe, by Power of Attorney for C. Kelly Wall
Stock symbol
AAN
Transactions as of
Feb 25, 2022
Transactions value $
$1,106,627
Form type
4
Date filed
3/1/2022, 04:30 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAN Common Stock Award $501K +23.3K +77.36% $21.45 53.5K Feb 25, 2022 Direct F1
transaction AAN Common Stock Award $322K +15K +28.07% $21.45 68.5K Feb 25, 2022 Direct F2
holding AAN Common Stock 121 Feb 25, 2022 By: 401(k) Plan 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 AAN Stock Options (Right to Buy) Award $284K +13.2K $21.45 13.2K Feb 25, 2022 Common Stock 13.2K $21.45 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award which is expected to vest in three equal increments on each of March 7, 2023, 2024 and 2025, subject to the grant agreement between the Issuer and the Reporting Person.
F2 On February 25, 2022, the Compensation Committee of the Issuer's Board of Directors determined these performance shares were earned, based on the level of attainment of various financial performance goals. These shares, which were granted in March 2021, are expected to vest in three equal increments on each of March 7, 2022, 2023 and 2024, subject to the grant agreement between the Issuer and the Reporting Person.
F3 This reflects the number of shares, rounded down, that the Reporting Person holds indirectly in a 401(k) Plan as of the transaction date.
F4 Stock option award is expected to vest in three equal increments on each of March 7, 2023, 2024 and 2025, subject to the grant agreement between the Issuer and the Reporting Person.