Zavolta Michelle 4

4 · BurgerFi International, Inc. · Filed May 13, 2024

Form 4

Period: 2024-05-09

Chief People Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2024-05-09+31,667→ 38,376 total
Tax Payment
Common Stock
[F2]
2024-05-09$0.41/sh−9,391$3,822→ 28,985 total
Award
Restricted Stock Units
[F1][F3]
2024-05-09+31,667→ 31,667 total
→ Common Stock (31,667 underlying)
Exercise/Conversion
Restricted Stock Units
[F1]
2024-05-09−31,667→ 0 total
→ Common Stock (31,667 underlying)
Award
Restricted Stock Units
[F3][F4]
2024-05-09+63,333→ 63,333 total
→ Common Stock (63,333 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.

Signature

/s/ Christopher Jones as Attorney-in-Fact for Michelle Zavolta|2024-05-13

Documents

4 files