BREWER BOYNE WADE 4
4 · ENNIS, INC. · Filed May 13, 2025
Insider Transaction Report
Form 4
ENNIS, INC.EBF
BREWER BOYNE WADE
Chief Operating Officer
Transactions
- Conversion
Common Stock
2025-05-12$17.27/sh+2,500$43,175→ 21,684 total - Conversion
ISO granted 4/21/2025 (Right-to-Buy)
2025-05-12$17.27/sh−2,500$43,175→ 1,103 totalExercise: $17.27From: 2025-04-21Exp: 2035-04-21→ Common Stock (2,500 underlying)
Holdings
- 6,667
ISO granted 4/21/2023 (Right-to-Buy)
Exercise: $19.88→ Common Stock (0 underlying) - 7,208
RSU granted 4/19/2024
Exercise: $0.00→ Common Stock (0 underlying)
Footnotes (3)
- [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.
- [F3]Option Contract expires ten years from date of grant and is immediately exercisable. All option contracts are granted at market price on date of grant.