Lopez-Blanco Vivian 4
4 · BurgerFi International, Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Lopez-Blanco Vivian
Director
Transactions
- Exercise/Conversion
Common Stock
2022-12-31+26,455→ 36,455 total - Tax Payment
Common Stock
2022-12-31$1.26/sh−7,937$10,001→ 28,518 total - Award
Restricted Stock Units
2023-01-03+79,365→ 79,365 total→ Common Stock (79,365 underlying) - Exercise/Conversion
Restricted Stock Units
2022-12-31−26,455→ 0 total→ Common Stock (26,455 underlying)
Footnotes (4)
- [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.
- [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.
- [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.