ARROYO A ALLEN 4
4 · Rocky Mountain Chocolate Factory, Inc. · Filed Jul 27, 2023
Insider Transaction Report
Form 4
Transactions
- Purchase
Common Stock
2023-07-25$5.85/sh+1,000$5,847→ 1,015 total - Purchase
Common Stock
2023-07-26$5.79/sh+500$2,893→ 1,515 total - Purchase
Common Stock
2023-07-27$5.80/sh+500$2,900→ 2,015 total
Holdings
- 39,556
Restricted Stock Units
→ Common Stock (39,556 underlying) - 8,476
Non-qualified stock option
Exercise: $6.85Exp: 2032-08-10→ Common Stock (8,476 underlying)
Footnotes (5)
- [F1]The reported price represents a weighted average purchase price. The Reporting Person undertakes to provide to the staff, the issuer, or a security holder full information regarding the number of shares purchased at each separate price.
- [F2]Each restricted stock unit represents a contingent right to receive one share of RMCF common stock.
- [F3]Reported number of shares represents the maximum number of shares that may be issued pursuant to these restricted stock units.
- [F4]Restricted stock units granted under the Company's 2007 Equity Incentive Plan (as amended) that vest upon RMCF's common stock achieving a specific level of total shareholder return ("TSR") for a performance period ending on 02/28/2025.
- [F5]Stock Option granted under the Company's 2007 Equity Incentive Plan (as amended) and becomes exercisable with respect to 1/3 of the shares on 02/28/2023 and 1/12 quarterly thereafter until fully exercisable on 02/28/2025.