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

Signature
/s/Vera Burnett, attorney-in-fact for Robert T. Pennington
Issuer symbol
EBF
Transactions as of
19 Apr 2024
Net transactions value
$0
Form type
4
Filing time
23 Apr 2024, 16:34:31 UTC
Previous filing
25 Apr 2023
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EBF Common Stock Award $0 +6,871 +97% $0.000000 13,975 19 Apr 2024 Direct F1
transaction EBF Common Stock Options Exercise $0 +955 +6.8% $0.000000 14,930 19 Apr 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% $0.000000* 0 19 Apr 2024 Common Stock 955 $0.000000 Direct F2
transaction EBF RSU Award $0 +8,695 $0.000000 8,695 19 Apr 2024 Common Stock 8,695 $0.000000 Direct F4
holding EBF ISO granted 4/21/2023 10,000 19 Apr 2024 Common Stock 10,000 $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.