Fisher Vance Ratliff 4
4 · FARMER BROTHERS CO · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Fisher Vance Ratliff
Chief Financial Officer
Transactions
- Award
Common Stock
2024-07-01+60,000→ 60,000 total - Award
Common Stock
2024-07-01+40,000→ 100,000 total
Footnotes (2)
- [F1]Represents a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the "Plan"), which were granted effective July 1, 2024 ("Grant Date"). The RSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on July 1, 2025, and will settle in common stock upon vesting, subject to the reporting person's continued service to the Company and the acceleration provisions of the Plan and RSU grant agreement.
- [F2]Represents a grant of restricted stock units ("RSUs") under the 2017 Long-Term Incentive Plan (the "2017 Plan"), which were granted effective July 1, 2024 ("Grant Date"). The RSUs will vest in three equal installments on each of the first three anniversaries of the Grant Date, beginning on July 1, 2025, and will settle in common stock upon vesting, subject to the reporting person's continued service to the Company and the acceleration provisions of the 2017 Plan and RSU grant agreement.