Martha Stewart - 31 Dec 2022 Form 4 Insider Report for BurgerFi International, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Jan 2023, 15:16:34 UTC
Prior SEC filing
21 Jun 2022
Next SEC filing
13 Jun 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stefan Schnopp, Attorney in Fact for Martha Stewart

Key filing fact

Martha Stewart filed Form 4 for BurgerFi International, Inc. on 04 Jan 2023.

Key facts

  • This page summarizes Martha Stewart's Form 4 filing for BurgerFi International, Inc..
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2023, 15:16.

Change

  • Previous filing in this sequence was filed on 21 Jun 2022.
  • Current net transaction value: -$15,766.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BFI transaction

Common Stock

Options Exercise

Transaction value
Shares
+26,455
Change %
+204%
Price
Shares after
39,455
Date
31 Dec 2022
Ownership
Direct
Footnotes
F1, F2
BFI transaction

Common Stock

Tax liability

Transaction value
$15,766
Shares
-12,513
Change %
-32%
Price
$1.26
Shares after
26,942
Date
31 Dec 2022
Ownership
Direct
Footnotes
F3

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
-26,455
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Dec 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,455
Exercise price
Footnotes
F1, F2
BFI transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+79,365
Change %
Price
$0.000000
Shares after
79,365
Date
03 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
79,365
Exercise price
Footnotes
F2, F4
* 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

On January 3, 2022, the Reporting Person was granted 26,455 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan (the "Plan"), which restricted stock units vested on December 31, 2022 and will be settled in shares of common stock.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock.

Footnote F3

Shares disposed of represent shares withheld by the issuer to pay taxes due upon vesting of restricted stock units.

Footnote F4

On January 3, 2023, the Reporting Person was granted 79,365 restricted stock units under the Plan, which shall vest and be settled in shares of common stock on December 31, 2023, subject to the Reporting Person's continuous service as a director of BurgerFi International, Inc. until such time and earlier vesting due to a change of control.

SEC remarks

EXHIBIT LIST: Exhibit 24 - Power of Attorney

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