Kaufman Seth 4
4 · Vintage Wine Estates, Inc. · Filed Nov 1, 2023
Insider Transaction Report
Form 4
Kaufman Seth
President and CEO
Transactions
- Award
Stock Option (right to buy)
2023-10-30+1,000,000→ 1,000,000 totalExercise: $1.50Exp: 2033-10-30→ Common Stock (1,000,000 underlying) - Award
Restricted Stock Units
2023-10-30+666,666→ 666,666 totalExercise: $0.00→ Common Stock (666,666 underlying) - Award
Restricted Stock Units
2023-10-30+666,667→ 666,667 totalExercise: $0.00→ Common Stock (666,667 underlying) - Award
Stock Option (right to buy)
2023-10-30+1,000,000→ 1,000,000 totalExercise: $3.00Exp: 2033-10-30→ Common Stock (1,000,000 underlying) - Award
Stock Option (right to buy)
2023-10-30+1,000,000→ 1,000,000 totalExercise: $6.00Exp: 2033-10-30→ Common Stock (1,000,000 underlying) - Award
Common Stock
2023-10-30+1,000,000→ 1,000,000 total - Award
Restricted Stock Units
2023-10-30+666,667→ 666,667 totalExercise: $0.00→ Common Stock (666,667 underlying) - Award
Stock Option (right to buy)
2023-10-30+1,000,000→ 1,000,000 totalExercise: $4.50Exp: 2033-10-30→ Common Stock (1,000,000 underlying)
Footnotes (5)
- [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 four equal annual installments on each of 10/30/2024, 10/30/2025, 10/30/2026 and 10/30/2027.
- [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 annual installments on each of 10/30/2024, 10/30/2025, 10/30/2026 and 10/30/2027 and if the volume-weighted average price per share ("VWAP") of the issuer's common stock over the 30 consecutive trading day period preceding the applicable vesting date is at least $2.00 per share. To the extent an installment does not vest on a vesting date, such installment shall remain outstanding until the 6th anniversary of the grant date and shall vest on the date that the VWAP per share of the issuer's common stock over a 30 consecutive trading day period is at least $2.00 per share.
- [F3]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 annual installments on each of 10/30/2024, 10/30/2025, 10/30/2026 and 10/30/2027 and if the VWAP of the issuer's common stock over the 30 consecutive trading day period preceding the applicable vesting date is at least $4.00 per share. To the extent an installment does not vest on a vesting date, such installment shall remain outstanding until the 6th anniversary of the grant date and shall vest on the date that the VWAP per share of the issuer's common stock over a 30 consecutive trading day period is at least $4.00 per share.
- [F4]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 annual installments on each of 10/30/2024, 10/30/2025, 10/30/2026 and 10/30/2027 and if the VWAP of the issuer's common stock over the 30 consecutive trading day period preceding the applicable vesting date is at least $6.00 per share. To the extent an installment does not vest on a vesting date, such installment shall remain outstanding until the 6th anniversary of the grant date and shall vest on the date that the VWAP per share of the issuer's common stock over a 30 consecutive trading day period is at least $6.00 per share.
- [F5]This stock option was granted under the Plan in a transaction exempt under Rule 16b-3 and, except as other provided in the award agreement, vests in four equal annual installments on each of 10/30/2024, 10/30/2025, 10/30/2026 and 10/30/2027.