Form 4 for BLBD Blue Bird Corp
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-12 · accession 0001589526-22-000093 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-13 | 2022-12-12 | BLBD | Scartz Ted | SVP GC | A - Grant | $12.35 | +5,770 | 22.9K | +34% | +$71.3K |
| D | 2022-12-13 | 2022-12-12 | BLBD | Scartz Ted | SVP GC | A - Grant | $12.35 | +8,876 | 8,876 | New | +$109.6K |
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, par value $0.0001 per share | 2022-12-12 | A | A | 5,770 | $12.35 | 22,892 | D | — | — | (F1) The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation. (F2) The RSUs vest 1/3 on each of the dates December 12, 2023, December 12, 2024, and December 12, 2025 subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award. Any downward adjustments shall not reduce the number of RSU's that vest below 50% of the amount(s) granted. |
| 2 | Derivative | Common Stock | 2022-12-12 | A | A | 8,876 | $12.35 | 8,876 | D | $12.35 · — to 2032-12-12 | 8,876 Common Stock | (F3) Award represents one option grant that vests over a three year period in equal installments (December 12, 2023, December 12, 2024, and December 12, 2025). |