Scott Ride - Feb 26, 2024 Form 4 Insider Report for Hillman Solutions Corp. (HLMN)

Signature
By: /s/ Daniel M. Bauer, as attorney-in-fact
Stock symbol
HLMN
Transactions as of
Feb 26, 2024
Transactions value $
-$353,593
Form type
4
Date filed
2/28/2024, 04:19 PM
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 Options Exercise $645K +106K +236.3% $6.07 151K Feb 26, 2024 Direct
transaction HLMN Common Stock Sale -$998K -106K -70.26% $9.40 44.9K Feb 26, 2024 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 HLMN Stock Options Options Exercise $0 -106K -42.27% $0.00 145K Feb 26, 2024 Common Stock 106K $6.07 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at the same price, and have been combined on this form.
F2 The option was granted on 2/12/2015. Half of the shares underlying the option vested 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. The other half of the shares underlying the option vest based on the achievement of performance criteria. The option exercise reported on this form involved the options with time based vesting. The unexercised options that remain outstanding vest upon achievement of performance criteria.