Michaels Adam Laurance 4
4 · Mama's Creations, Inc. · Filed Sep 26, 2024
Insider Transaction Report
Form 4
Michaels Adam Laurance
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2024-09-24$7.42/sh−65,898$489,187→ 543,260 total - Award
Common Stock
2024-09-24+26,240→ 569,500 total - Award
Stock Option (right to buy)
2024-09-24+26,420→ 26,420 totalExercise: $7.57Exp: 2034-09-24→ Common Stock (26,420 underlying)
Footnotes (5)
- [F1]Sales effected pursuant to a Rule 10b5-1 "sell to cover" trading plan adopted by the reporting person on June 24, 2024 for the purpose of satisfying the Reporting Person's tax withholding obligations upon the settlement of previously granted restricted stock awards.
- [F2]Reflects the weighted average price of 65,898 shares of common stock of Mama's Creations, Inc. sold by the reporting person in multiple transactions on September 24, 2024, with sale prices ranging from $7.32 to $7.54 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]Restricted stock units ("RSUs") scheduled to vest in three substantially equal annual installments on each of September 24, 2025, September 24, 2026 and September 24, 2027.
- [F4]Each RSU represents a contingent right to receive one share of MAMA common stock.
- [F5]Stock options scheduled to vest in three substantially equal annual installments on each of September 24, 2025, September 24, 2026 and September 24, 2027.