Holm Hanno E 4
4 · Simply Good Foods Co · Filed Nov 9, 2018
Insider Transaction Report
Form 4
Holm Hanno E
VP & Chief Operations Officer
Transactions
- Award
Common Stock
2018-11-08+9,464→ 27,197 total - Award
Options to Purchase Common Stock
2018-11-08+16,902→ 16,902 totalExercise: $19.89Exp: 2028-11-08→ Common Stock (16,902 underlying)
Footnotes (2)
- [F1]Represents performance-based restricted stock units ("PSUs") granted under the issuer's 2017 Omnibus Incentive Plan. Each PSU represents the contingent right to receive one share of the issuer's common stock. The PSUs vest at the end of a three-year period as follows, subject to the reporting person's continuous service with the issuer as of the vesting date: (i) 50% of the PSUs vest on November 8, 2021 if the closing price of the issuer's common stock for at least 20 of the 30 consecutive trading days immediately prior to November 8, 2021, equals or exceeds 100%, but less than 115%, of the closing price of the issuer's common stock on the grant date, and (ii) 100% of the PSUs vest on November 8, 2021 if the closing price of the issuer's common stock for at least 20 of the 30 consecutive trading days immediately prior to November 8, 2021, meets or exceeds 115% of the closing price of the issuer's common stock on the grant date.
- [F2]The stock options vest in three equal annual installments beginning on November 8, 2019, subject to the reporting person's continuous service with the issuer as of each vesting date.