Robert T. Pennington - Apr 19, 2024 Form 4 Insider Report for ENNIS, INC. (EBF)

Role: Chief Revenue Officer
Signature: /s/Vera Burnett, attorney-in-fact for Robert T. Pennington
Stock symbol: EBF
Transactions as of: Apr 19, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/23/2024, 04:34 PM
Previous filing: Apr 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EBF	Common Stock	Award	$0	+6.87K	+96.72%	$0.00	14K	Apr 19, 2024	Direct	F1
transaction	EBF	Common Stock	Options Exercise	$0	+955	+6.83%	$0.00	14.9K	Apr 19, 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	EBF	RSU	Options Exercise	$0	-955	-100%	$0.00^*	0	Apr 19, 2024	Common Stock	955	$0.00	Direct	F2
transaction	EBF	RSU	Award	$0	+8.7K		$0.00	8.7K	Apr 19, 2024	Common Stock	8.7K	$0.00	Direct	F4
holding	EBF	ISO granted 4/21/2023						10K	Apr 19, 2024	Common Stock	10K	$19.88	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Vesting of Performance Based Restricted Stock Units granted 9/16/2022.
F2	Restricted units vest one-half April 19, 2023 and one-half April 19, 2024. Upon vesting some or all of restricted units (RSUs) may be converted to cash, stock or mixture of both.
F3	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.
F4	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.