Jon Michael Adinolfi - Jun 7, 2023 Form 4 Insider Report for Hillman Solutions Corp. (HLMN)

Role: Chief Operating Officer
Signature: By: /s/ Daniel M. Bauer, as attorney-in-fact
Stock symbol: HLMN
Transactions as of: Jun 7, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/7/2023, 08:26 AM
Previous filing: Mar 9, 2023
Next filing: Mar 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLMN	Common Stock	Award	$0	+8.73K	+2.02%	$0.00	441K	Jun 7, 2023	Direct	F1
transaction	HLMN	Common Stock	Award	$0	+291K	+66.04%	$0.00	732K	Jun 7, 2023	Direct	F2

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	HLMN	Stock Options	Award	$0	+20.9K		$0.00	20.9K	Jun 7, 2023	Common Stock	20.9K	$8.59	Direct	F3

* 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") that are a contingent right for the Reporting Person to receive one share of common stock for each RSU upon vesting. The RSUs will vest on the third anniversary of the grant date, subject to the Reporting Person's continued employment with the Issuer through the vesting date.
F2	Represents restricted stock units ("RSUs") that are a contingent right for the Reporting Person to receive one share of common stock for each RSU upon vesting. The RSUs will vest 50% on the third anniversary of the grant date, 25% on the fourth anniversary of the grant date, and 25% on the fifth anniversary of the grant date, in each case subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3	Represents the grant of stock options to purchase Issuer common stock. The stock options vest in four equal annual installments beginning on the first anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.