Johnston Kristina L 4
4 · Vintage Wine Estates, Inc. · Filed Jul 21, 2023
Insider Transaction Report
Form 4
Johnston Kristina L
Chief Financial Officer
Transactions
- Award
Common Stock
2023-07-20+500,000→ 1,079,038 total - Award
Stock Option (right to buy)
2023-07-20+187,500→ 187,500 totalExercise: $1.50Exp: 2033-07-20→ Common Stock (187,500 underlying) - Award
Common Stock
2023-07-20+250,000→ 579,038 total - Award
Stock Option (right to buy)
2023-07-20+62,500→ 62,500 totalExercise: $1.50Exp: 2033-07-20→ Common Stock (62,500 underlying)
Holdings
- 658,076
Stock Option (right to buy)
Exercise: $10.50Exp: 2032-03-07→ Common Stock (658,076 underlying)
Footnotes (6)
- [F1]These restricted stock units ("RSUs"), which convert into common stock on a one-for-one basis, were granted under the Vintage Wine Estates, Inc. 2021 Omnibus Incentive Plan (the "Plan") in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest in two equal installments on each of 7/20/2024 and 7/20/2025.
- [F2]These RSUs, which convert into common stock on a one-for-one basis, were granted under the Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vest in four equal installments on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
- [F3]Includes 1,079,038 RSUs consisting of the following: (i) 329,038 RSUs that vest 25% on each of 9/7/2023, 03/07/2024, 03/07/2025 and 03/07/2026; (ii) 250,000 RSUs that vest in two equal installments on each of 7/20/2024 and 7/20/2025.; and (iii) 500,000 RSUs that vest in four equal installments on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
- [F4]This stock option was granted under the Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vests in two equal installments on each of 7/20/2024 and 7/20/2025.
- [F5]This stock option was granted under the Plan in a transaction exempt under Rule 16b-3 and, except as otherwise provided in the award agreement, vests in four equal installments on each of 7/20/2024, 7/20/2025, 7/20/2026 and 7/27/2027.
- [F6]25% of the stock options vest on each of 09/07/2023, 03/07/2024, 03/07/2025 and 03/07/2026.