Gary Seeds - Feb 28, 2024 Form 4 Insider Report for Hillman Solutions Corp. (HLMN)

Role
EVP, Sales and Field Service
Signature
By: /s/ Daniel M. Bauer, as attorney-in-fact
Stock symbol
HLMN
Transactions as of
Feb 28, 2024
Transactions value $
-$761,368
Form type
4
Date filed
3/1/2024, 11:40 AM
Previous filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLMN Common Stock Options Exercise $995K +164K +55.64% $6.07 459K Feb 28, 2024 Direct
transaction HLMN Common Stock Sale -$1.56M -164K -35.75% $9.53 295K Feb 28, 2024 Direct F1
transaction HLMN Common Stock Options Exercise $326K +53.7K +18.22% $6.07 348K Feb 29, 2024 Direct
transaction HLMN Common Stock Sale -$520K -53.7K -15.41% $9.68 295K Feb 29, 2024 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 Options Exercise $0 -164K -37.67% $0.00 271K Feb 28, 2024 Common Stock 164K $6.07 Direct F3
transaction HLMN Stock Options Options Exercise $0 -53.7K -19.79% $0.00 218K Feb 29, 2024 Common Stock 53.7K $6.07 Direct F3
* 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 prices ranging from $9.50 to $9.62, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $9.61 to $9.74, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 The option was granted on 7/1/2014. 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.