MOTTERN CHRISTOPHER P 4
4 · FARMER BROTHERS CO · Filed Nov 14, 2019
Insider Transaction Report
Form 4
MOTTERN CHRISTOPHER P
Director
Transactions
- Award
Common Stock, $1.00 par value
2019-11-12+3,242→ 34,453 total - Award
Common Stock, $1.00 par value
2019-11-12+6,485→ 40,938 total
Footnotes (2)
- [F1]Grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2017 Long-Term Incentive Plan ("Plan"), granted on November 12, 2019 ("Grant Date"); the RSUs cliff vests on the first anniversary of the Grant Date ("Vesting Date"), subject to continued service to the Company through the Vesting Date and the acceleration provisions of the Plan and restricted stock unit award agreement.
- [F2]Grant of common stock under the Farmer Bros. Co. 2017 Long-Term Incentive Plan ("Plan"), granted on November 12, 2019 ("Grant Date") in lieu of cash payment of $100,000 bonus; the common stock cliff vests on the first anniversary of the Grant Date ("Vesting Date"), subject to continued service to the Company through the Vesting Date and the acceleration provisions of the Plan and award agreement.