Form 4 for HYFM HYDROFARM HOLDINGS GROUP, INC.
Accepted 2023-03-28 00:00:00 ET · period of report 2023-01-17 · accession 0001104659-23-037804 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-03-28 | 2023-03-27 | HYFM | Lindeman Bruce John | CFO | F - Tax | $1.69 | -6,220 | 358.3K | -2% | -$10.5K |
| 2023-03-28 | 2023-01-17 | HYFM | Lindeman Bruce John | CFO | A - Grant | $0.00 | +2,170 | 359.3K | +0.6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.0001 par value per share | 2023-03-27 | F | D | 5,298 | $1.69 | 353,045 | D | — | — | (F3) Shares withheld to satisfy tax withholding obligation applicable to the vesting of 12,574 stock-settled restricted stock units, which may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number. |
| 2 | Common | Common Stock, $0.0001 par value per share | 2023-01-17 | A | A | 2,170 | $0.00 | 359,265 | D | — | — | (F1) On March 23, 2022, Mr. Lindeman was granted a target of 8,677 performance stock units ("PSUs") under the Issuer's 2020 Equity Incentive Plan. Each PSU represents the right, upon achievement of certain specified performance-based vesting criteria, to receive one share of the Issuer's common stock. On January 17, 2023, the Compensation Committee of the Board of Directors determined that 25% of the performance-based conditions were met resulting in 2,170 PSUs earned by Mr. Lindeman. This transaction is late due to an inadvertent administrative error and not any error of Mr. Lindeman. |
| 3 | Common | Common Stock, $0.0001 par value per share | 2023-03-27 | F | D | 922 | $1.69 | 358,343 | D | — | — | (F2) Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,169 stock-settled PSUs, which may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number. |