Isely Raquel M. 4
4 · Natural Grocers by Vitamin Cottage, Inc. · Filed Oct 18, 2023
Insider Transaction Report
Form 4
Isely Raquel M.
Other
Transactions
- Exercise/Conversion
Common Stock
2023-10-16+100→ 109,158 total - Tax Payment
Common Stock
2023-10-16$12.95/sh−34$440→ 109,124 total - Exercise/Conversion
Restricted Stock Units
2023-10-16−100→ 8,260 totalExercise: $0.00From: 2023-10-16Exp: 2023-10-16→ Common Stock (100 underlying)
Footnotes (4)
- [F1]Represents shares of NGVC common stock issued to the reporting person upon the vesting of 100 restricted stock units ("RSUs") on October 16, 2023, the business day immediately following the vesting date of October 15, 2023, where each RSU represented the economic equivalent of one share of NGVC common stock.
- [F2]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of on this line were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of the RSUs.
- [F3]Each RSU represents the economic equivalent of one share of NGVC common stock.
- [F4]Includes (a) 100 RSUs vesting October 15, 2024, (b) 480 RSUs vesting on each of October 1, 2024 and 2025, (c) 3,200 RSUs vesting on September 30, 2024, and (d) 4,000 RSUs vesting on November 1, 2025.