Long Zach 4
4 · Vintage Wine Estates, Inc. · Filed Jul 21, 2023
Insider Transaction Report
Form 4
Long Zach
Chief Operations Officer
Transactions
- Award
Common Stock
2023-07-20+500,000→ 843,901 total
Holdings
- 8,000
Stock Option (Right to Buy)
Exercise: $10.50Exp: 2031-06-07→ Common Stock (8,000 underlying) - 42,000
Stock Option (Right to Buy)
Exercise: $10.50Exp: 2031-07-27→ Common Stock (42,000 underlying) - 50,000
Stock Option (Right to Buy)
Exercise: $10.50Exp: 2032-03-07→ Common Stock (50,000 underlying) - 608,697
Stock Option (Right to Buy)
Exercise: $10.50Exp: 2032-11-14→ Common Stock (608,697 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 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]Includes 823,098 RSUs consisting of the following: (i) 93,750 RSUs that vest one-third on each of 12/07/2023, 12/07/2024 and 12/07/2025; (ii) 229,348 RSUs that vest in four equal installments on each of 11/14/2023, 11/14/2024, 11/14/2025 and 11/14/2026; and (iii) 500,000 RSUs that vest in two equal installments on each of 7/20/2024 and 7/20/2025.
- [F3]25% of the stock options vested on each of 12/07/2022 and 6/7/2023, and 25% vest on each of 06/07/2024 and 06/07/2025.
- [F4]25% of the stock options vested on 01/27/2023, and 25% vest on each of 07/27/2023, 07/27/2024 and 07/27/2025.
- [F5]25% of the stock options vest on 09/07/2023, and 25% vest on each of 03/07/2024, 03/07/2025 and 03/07/2026.
- [F6]This option vests in four equal installments on each of 11/14/2023, 11/14/2024, 11/14/2025 and 11/14/2026.