Randall J. Fagundo - Mar 1, 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
Mar 1, 2024
Transactions value $
-$706,398
Form type
4
Date filed
3/5/2024, 01:34 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 $631K +86.5K +157.79% $7.29 141K Mar 1, 2024 Direct
transaction HLMN Common Stock Options Exercise $1.22M +155K +109.37% $7.89 296K Mar 1, 2024 Direct
transaction HLMN Common Stock Sale -$2.32M -241K -81.47% $9.63 54.8K Mar 1, 2024 Direct F1
transaction HLMN Common Stock Sale -$90.9K -9.4K -17.14% $9.67 45.4K Mar 1, 2024 Direct F2
transaction HLMN Common Stock Options Exercise $672K +85.2K +187.52% $7.89 131K Mar 4, 2024 Direct
transaction HLMN Common Stock Sale -$816K -85.2K -65.22% $9.58 45.4K Mar 4, 2024 Direct 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 HLMN Stock Options Options Exercise $0 -86.5K -50% $0.00 86.5K Mar 1, 2024 Common Stock 86.5K $7.29 Direct F4
transaction HLMN Stock Options Options Exercise $0 -155K -48.35% $0.00 165K Mar 1, 2024 Common Stock 155K $7.89 Direct F5
transaction HLMN Stock Options Options Exercise $0 -85.2K -51.59% $0.00 79.9K Mar 4, 2024 Common Stock 85.2K $7.89 Direct F5
* 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 $9.755 to $9.58, 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 $9.60 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 This transaction was executed in multiple trades at prices ranging from $9.50 to $9.645, 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.
F4 The option was granted on 8/10/2018. 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.
F5 The option was granted on 7/30/2020. All 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.