Vera Burnett - Oct 4, 2024 Form 4 Insider Report for ENNIS, INC. (EBF)

Role: CFO and Treasurer
Signature: /s/Vera Burnett
Stock symbol: EBF
Transactions as of: Oct 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/4/2024, 07:25 PM
Previous filing: Apr 22, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EBF	Common Stock	Options Exercise	$66.3K	+3.33K	+14.89%	$19.88	25.7K	Oct 4, 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	EBF	ISO granted 4/21/2023	Options Exercise	-$66.3K	-3.33K	-33.33%	$19.88	6.67K	Oct 4, 2024	Common Stock	3.33K	$19.88	Direct	F1
holding	EBF	RSU						10.8K	Oct 4, 2024	Common Stock	10.8K	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Option contract expires ten years from date of grant, and provides that shares will become exercisable 1/3 annually commencing on the first anniversary of grant. All option contracts are granted at market price on date of grant.
F2	Restricted units vest one-third annually commencing on the first anniversary date of grant. Upon vesting the units will be converted to stock options or shares of stock at the discretion of the Board.