Tobiassen Lane A. 4
4 · AMERICAN OUTDOOR BRANDS CORP · Filed May 2, 2019
Insider Transaction Report
Form 4
Tobiassen Lane A.
President, Firearm Division
Transactions
- Award
Common Stock
2019-04-30+13,000→ 46,844 total - Tax Payment
Common Stock
2019-05-01$9.83/sh−793$7,795→ 46,051 total - Award
Performance Rights
2019-04-30+28,800→ 28,800 totalExp: 2023-05-01→ Common Stock (28,800 underlying)
Footnotes (4)
- [F1]One-quarter of the restricted stock units shall vest on each of the first, second, third, and fourth anniversaries of May 1, 2019. Shares, net of tax withholding, will be delivered on each anniversary of the applicable vesting date.
- [F2]Includes 180 shares acquired under the Issuer's Employee Stock Purchase Plan on March 31, 2019.
- [F3]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units.
- [F4]Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock performance over a three-year performance period, and shares, net of tax withholding, will be delivered on the first anniversary of the vesting date. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.