EVANS K TODD 4
4 · Franchise Group, Inc. · Filed Aug 2, 2023
Insider Transaction Report
Form 4
Franchise Group, Inc.FRG FRGAP
EVANS K TODD
Chief Franchising Officer
Transactions
- Tax Payment
Common Stock
2023-08-01$29.76/sh−3,031$90,203→ 42,650 total - Exercise/Conversion
Common Stock
2023-08-01+6,720→ 45,681 total - Exercise/Conversion
Restricted Stock Units
2023-08-01−6,720→ 0 total→ Common Stock (6,720 underlying)
Footnotes (4)
- [F1]Represents the conversion upon vesting of restricted stock units into Common Stock. On August 1, 2020, the reporting person was granted 20,161 restricted stock units, of which one-third of the shares subject to the restricted stock units vested on August 1, 2023. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on August 4, 2020.
- [F2]Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.
- [F3]Reflects 3031 shares withheld by Issuer at market price of $29.76 per share to fund the payment of taxes for the conversion.
- [F4]This restricted stock unit award was granted on August 1, 2020 and one-third of the restricted stock units vested on August 1, 2023.