Drake Scott Ray 4
4 · FARMER BROTHERS CO · Filed May 11, 2022
Insider Transaction Report
Form 4
Drake Scott Ray
Chief Financial Officer
Transactions
- Award
Common Stock
2021-09-13+21,021→ 67,403 total - Tax Payment
Common Stock
2021-07-16$10.16/sh−2,235$22,708→ 46,382 total - Tax Payment
Common Stock
2021-12-09$6.90/sh−1,564$10,792→ 65,839 total - Award
Common Stock
2022-05-09+73,529→ 154,368 total
Holdings
- 4,148(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Due to an administrative error, Mr. Drake's September 15, 2021 Form 4 incorrectly reported that he received a grant of 17,517 restricted stock units when Mr. Drake actually received 21,021 restricted stock units on September 13, 2021. As of September 13, 2021, Mr. Drake directly beneficially owned 67,403 shares
- [F2]Grant of restricted stock units under the Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan"), granted on May 9, 2022 ("Grant Date"); the restricted stock units will vest 50% on the first anniversary of the Grant Date, 25% on the second anniversary of the Grant Date, and 25% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the restricted stock unit grant agreement.