BREWER BOYNE WADE 4
4 · ENNIS, INC. · Filed Apr 22, 2025
Insider Transaction Report
Form 4
ENNIS, INC.EBF
BREWER BOYNE WADE
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-21+1,802→ 19,184 total - Exercise/Conversion
RSU granted 4/19/2024
2025-04-21−3,603→ 13,875 totalExercise: $0.00→ Common Stock (3,603 underlying) - Award
ISO granted 4/21/2025
2025-04-21$17.27/sh+3,603$62,224→ 17,478 totalExercise: $17.27→ Common Stock (3,603 underlying)
Holdings
- 6,667
ISO granted 4/21/2023
Exercise: $19.88→ Common Stock (6,667 underlying) - 17,478
RSU granted 4/19/2024
Exercise: $0.00→ Common Stock (10,811 underlying)
Footnotes (2)
- [F1]Time-Based Restricted Units granted 4/19/2024 vest as follows: 1) thirty-three percent (33%) vest on April 21, 2025; 2) thirty-three percent (33%) vest on April 20, 2026; and 3) thirty-four percent (34%) vest on April 19, 2027. If the participant does not own Ennis common stock equal to value of 200% of the Participant's annual base salary at the time of each vesting date, then the time-based Subject Units vesting on that date shall vest as follows: 1) fifty percent (50%) of the Time-Based Subject Units shall convert to incentive stock options with two incentive stock options issued for each Subject Unit.
- [F2]Option contract expires ten years from date of grant, and provides that shares will become exercisable 1/3 annually commencing on the first anniversary of grant. All option contracts are granted at market price on date of grant.