Maserang II D Deverl 4
4 · FARMER BROTHERS CO · Filed Oct 19, 2023
Insider Transaction Report
Form 4
Maserang II D Deverl
DirectorPresident and CEO
Transactions
- Other
Common Stock
2023-10-01−118,919→ 54,597 total - Award
Common Stock
2023-09-13+123,453→ 372,043 total - Gift
Common Stock
2023-09-15−198,527→ 173,516 total
Holdings
- 330,953(indirect: By Trust)
Common Stock
- 9,209.139(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Vesting of performance-based restricted stock units pursuant to award for the FY2021-FY2023 performance period.
- [F2]Since November 2019, the reporting person's direct ownership totals have incorrectly included 13,000 shares owned indirectly by the Maserang Living Trust.
- [F3]Bona fide gift for no consideration to Maserang Living Trust.
- [F4]Pursuant to the terms of restricted stock units granted on 9/13/2021 and 11/01/2022, all unvested shares pertaining to those grants (being 37,538 and 117,187 shares, respectively) would be forfeited on separation from service. However, as previously reported on the Issuer's Form 8-K, 35,806 shares relating to the 11/01/2022 grant were accelerated and vested effective 10/1/23. As such, a total of 118,919 shares were forfeited on 10/01/2023 in connection with reporting person's separation from service.