4//SEC Filing
ANDRUS JEREMY 4
Accession 0001857853-24-000009
CIK 0001857853other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 6:31 PM ET
Size
7.7 KB
Accession
0001857853-24-000009
Insider Transaction Report
Form 4
Traeger, Inc.COOK
ANDRUS JEREMY
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-02-06+2,075,456→ 6,813,875 total
Holdings
- 3,399,002(indirect: By LLC)
Common Stock
- 5,422,908(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Represents an award of shares of performance-based restricted stock (the "Performance Shares") pursuant to a Performance-Based Restricted Stock Agreement, between the Issuer and the Reporting Person. The Performance Shares are eligible to be earned upon the achievement of Adjusted EBITDA goals during the fiscal year ending December 31, 2024. If the Adjusted EBITDA goal is achieved, the earned Performance Shares will vest on March 31, 2025. If the target Adjusted EBITDA goal is not achieved, then the Performance Shares instead will become eligible to be earned based on the achievement of a stock price of $18.00 per share for the period beginning on January 1, 2025 and ending on August 2, 2031.
- [F2](continued from footnote 1) If the stock price goal is achieved, the earned Performance Shares will vest on the later of March 31, 2025 and the date on which the stock price goal is achieved. The vesting of the Performance Shares is in all cases subject to the Reporting Person's continued service as the Issuer's chief executive officer or executive chairman of its board of directors.
- [F3]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
Traeger, Inc.
CIK 0001857853
Entity typeother
Related Parties
1- filerCIK 0001523496
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 6:31 PM ET
- Size
- 7.7 KB