4//SEC Filing
Zavolta Michelle 4
Accession 0001723580-24-000019
CIK 0001723580other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 8:59 PM ET
Size
410.0 KB
Accession
0001723580-24-000019
Insider Transaction Report
Form 4
Zavolta Michelle
Chief People Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-05-09−31,667→ 0 total→ Common Stock (31,667 underlying) - Award
Restricted Stock Units
2024-05-09+63,333→ 63,333 total→ Common Stock (63,333 underlying) - Tax Payment
Common Stock
2024-05-09$0.41/sh−9,391$3,822→ 28,985 total - Exercise/Conversion
Common Stock
2024-05-09+31,667→ 38,376 total - Award
Restricted Stock Units
2024-05-09+31,667→ 31,667 total→ Common Stock (31,667 underlying)
Footnotes (4)
- [F1]On May 9, 2024, the Reporting Person was granted 31,667 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan, which vested in full on the grant date in recognition of services previously rendered to the issuer by the Reporting Person as Chief People Officer for the fiscal year ended January 1, 2024.
- [F2]Shares disposed of represent shares withheld by the issuer to pay taxes due upon vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock.
- [F4]On May 9, 2024, the Reporting Person was granted 63,333 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan, which shall vest in two annual installments each equal to 50% of the aggregate 63,333 restricted stock units granted, beginning March 29, 2025, subject to achievement of certain key performance criteria, the Reporting Person remaining continuously employed by the issuer at the time of vesting and early vesting or forfeiture due to a change of control or certain termination events.
Issuer
BurgerFi International, Inc.
CIK 0001723580
Entity typeother
Related Parties
1- filerCIK 0001894542
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 8:59 PM ET
- Size
- 410.0 KB