Dissinger Todd 4
4 · Natural Grocers by Vitamin Cottage, Inc. · Filed Jan 3, 2025
Insider Transaction Report
Form 4
Dissinger Todd
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-12-31+45,203→ 110,369 total - Tax Payment
Common Stock
2024-12-31$39.69/sh−19,774$784,830→ 90,595 total - Exercise/Conversion
Restricted Stock Units
2024-12-31−45,203→ 11,406 totalExercise: $0.00From: 2024-12-31Exp: 2024-12-31→ Common Stock (45,203 underlying)
Footnotes (4)
- [F1]Represents shares of NGVC common stock issued to the reporting person upon the vesting of 45,203 restricted stock units ("RSUs") including: 31,876 shares received upon vesting of RSUs granted September 30, 2022; 1,920 shares received upon acceleration of RSUs granted on October 1, 2020; and 11,407 shares received upon acceleration of RSUs granted on August 15, 2023. 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 a contingent right to receive one share of NGVC common stock.
- [F4]Remaining RSUs will be forfeited following reporting person's retirement on December 31, 2024.