Home/Filings/4/0001589526-20-000104
4//SEC Filing

Roberts Thomas Arthur 4

Accession 0001589526-20-000104

CIK 0001589526other

Filed

Dec 14, 7:00 PM ET

Accepted

Dec 15, 3:57 PM ET

Size

20.3 KB

Accession

0001589526-20-000104

Insider Transaction Report

Form 4
Period: 2020-12-11
Roberts Thomas Arthur
Chief Adminstration Officer
Transactions
  • Disposition to Issuer

    Common Stock

    2020-12-11$18.10/sh1,295$23,44053,023 total
  • Disposition to Issuer

    Common Stock

    2020-12-11$20.26/sh1,157$23,44150,486 total
  • Award

    Common Stock

    2020-12-11$16.20/sh+13,021$210,94058,322 total
  • Disposition to Issuer

    Common Stock

    2020-12-11$16.99/sh1,380$23,44651,643 total
  • Tax Payment

    Common Stock

    2020-12-11$16.20/sh5,185$83,99745,301 total
  • Award

    Stock Option (right to buy)

    2020-12-11+3,9853,985 total
    Exercise: $18.10From: 2020-12-11Exp: 2027-12-10Common Stock (3,985 underlying)
  • Award

    Stock Option (right to buy)

    2020-12-11+4,2464,246 total
    Exercise: $16.99From: 2020-12-11Exp: 2028-12-10Common Stock (4,246 underlying)
  • Award

    Stock Option (right to buy)

    2020-12-11+1,1871,187 total
    Exercise: $20.26From: 2020-12-11Exp: 2029-12-11Common Stock (1,187 underlying)
  • Award

    Stock Option (right to buy)

    2020-12-11+6,6786,678 total
    Exercise: $16.20Exp: 2030-12-10Common Stock (6,678 underlying)
Footnotes (6)
  • [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, 2021, December 11, 2022 and December 11, 2023 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, 2017, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.
  • [F4]On December 11, 2018, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.
  • [F5]On December 11, 2019, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.
  • [F6]Award represents one option grant which vests over a three year period in equal installments (12/11/2021, 12/11/2022, 12/11/2023).

Issuer

Blue Bird Corp

CIK 0001589526

Entity typeother

Related Parties

1
  • filerCIK 0001672654

Filing Metadata

Form type
4
Filed
Dec 14, 7:00 PM ET
Accepted
Dec 15, 3:57 PM ET
Size
20.3 KB