4//SEC Filing
Goodhew Karl 4
Accession 0000899243-22-016298
CIK 0001723580other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:15 PM ET
Size
9.8 KB
Accession
0000899243-22-016298
Insider Transaction Report
Form 4
Goodhew Karl
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2022-04-29+4,375→ 42,937 total - Tax Payment
Common Stock
2022-04-29$3.75/sh−1,585$5,944→ 41,352 total - Exercise/Conversion
Restricted Stock Units
2022-04-29−4,375→ 26,250 total→ Common Stock (4,375 underlying)
Footnotes (3)
- [F1]The shares are part of a grant of 35,000 restricted stock units made on August 20, 2021 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 April 29, 2022, 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. On April 13, 2022, 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 April 29, 2022, based on the extent of achievement of the Reporting Person's key performance criteria. The remainder of the first installment was forfeited effective April 29, 2022.
- [F2]Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock.
- [F3]Shares disposed of represent shares withheld by the issuer to pay taxes due upon vesting of restricted stock units.
Documents
Issuer
BurgerFi International, Inc.
CIK 0001723580
Entity typeother
Related Parties
1- filerCIK 0001881665
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:15 PM ET
- Size
- 9.8 KB