Key facts
- This page summarizes John Iannucci's Form 4 filing for BurgerFi International, Inc..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 14 Aug 2023, 17:07.
John Iannucci - 10 Aug 2023 Form 4 Insider Report for BurgerFi International, Inc.
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- N/A
- Reported as of
- 10 Aug 2023
- Net transaction value
- -$1,803
- SEC form
- 4
- Accepted by SEC
- 14 Aug 2023, 17:07:06 UTC
- Prior SEC filing
- 15 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Stefan Schnopp, Attorney-in-Fact for John Iannucci
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John Iannucci filed Form 4 for BurgerFi International, Inc. on 14 Aug 2023.
Change
- Previous filing in this sequence was filed on 15 May 2023.
- Current net transaction value: -$1,803.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BFI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +4,375
- Change %
- +44%
- Price
- Shares after
- 14,375
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
BFI
transaction
Common Stock
Tax liability
- Transaction value
- $1,803
- Shares
- -1,067
- Change %
- -7.4%
- Price
- $1.69
- Shares after
- 13,308
- Date
- 10 Aug 2023
- Ownership
- Direct
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BFI
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,375
- Change %
- -4.6%
- Price
- $0.000000
- Shares after
- 91,750
- Date
- 10 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,375
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The shares are part of a grant of 35,000 restricted stock units made on August 10, 2022 under the issuer's 2020 Omnibus Equity Incentive Plan, which shall vest and be settled in shares of common stock in four annual installments of 8,750 restricted stock units each, beginning August 10, 2023, subject to the Reporting Person's achievement of certain key performance criteria and earlier vesting due to a change of control or certain termination events.
Footnote F2
(Continued footnote 1) On March 21, 2023, the Compensation Committee of the Board of Directors of the issuer approved of the vesting of 4,375 of the restricted stock units in the first installment effective August 10, 2023, based on the extent of achievement of the Reporting Person's key performance criteria. The remainder of the second installment was forfeited effective August 10, 2023. The grant dates of the foregoing grant and an additional grant of 60,000 restricted stock units made to the Reporting Person on August 10, 2022 were inadvertently described as June 22, 2022 in the Form 3 filed by the Reporting Person on May 15, 2023.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock.
Footnote F4
Shares disposed of represent shares withheld by the issuer to pay taxes due upon vesting of restricted stock units.