KAHN BRIAN RANDALL 4
4 · Franchise Group, Inc. · Filed Mar 8, 2023
Insider Transaction Report
Form 4
Franchise Group, Inc.FRG FRGAP
KAHN BRIAN RANDALL
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2023-03-06+20,161→ 9,152,776 total - Tax Payment
Common Stock
2023-03-06$29.20/sh−7,934$231,673→ 9,144,842 total - Exercise/Conversion
Restricted Stock Units
2023-03-06−20,161→ 0 total→ Common Stock (20,161 underlying)
Footnotes (4)
- [F1]Represents the conversion upon vesting of restricted stock units into Common Stock. On March 5, 2020, the reporting person was granted 60,484 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on March 5, 2023. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on March 9, 2020.
- [F2]Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.
- [F3]Reflects 7,934 shares withheld by Issuer at market price of $29.20 per share to fund the payment of taxes for the conversion.
- [F4]The restricted stock unit award was granted on March 5, 2020 and one-third of the restricted stock units vested on March 5, 2023.