Roberts Thomas Arthur 4
4 · Blue Bird Corp · Filed Dec 13, 2019
Insider Transaction Report
Form 4
Blue Bird CorpBLBD
Roberts Thomas Arthur
Chief Adminstration Officer
Transactions
- Tax Payment
Common Stock
2019-12-11−4,680→ 52,553 total - Award
Stock Option (right to buy)
2019-12-11+5,313→ 5,313 totalExercise: $18.10From: 2019-12-11Exp: 2027-12-11→ Common Stock (5,313 underlying) - Award
Common Stock
2019-12-11+13,882→ 66,435 total - Award
Stock Option (right to buy)
2019-12-11+5,660→ 5,660 totalExercise: $16.99From: 2019-12-11Exp: 2028-12-11→ Common Stock (5,660 underlying)
Footnotes (4)
- [F1]The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.
- [F2]The RSU's vest 1/3 on each of the dates December 11, 2020, December 11, 2021 and December 11, 2022 subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award. Any downward adjustments shall not reduce the number of RSU's that vest below 50% of the amount(s) granted.
- [F3]On December 11, 2018, the reporting person was granted an option to purchase 16,979 shares of common stock, which vests over a three year period in equal installments based on satisfaction of certain performance criteria for each of the applicable fiscal years. This represents vesting of the first tranche at 100%.
- [F4]On December 11, 2017, the reporting person was granted an option to purchase 15,937 shares of common stock, which vests over a three year period in equal installments based on satisfaction of certain performance criteria for each of the applicable fiscal years. This represents vesting of the second tranche at 100%.