Jared Vitemb - Nov 1, 2022 Form 4 Insider Report for FARMER BROTHERS CO (FARM)

Role: VP, General Counsel
Signature: /s/ Jared Vitemb
Stock symbol: FARM
Transactions as of: Nov 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/2/2022, 05:12 PM
Previous filing: Apr 14, 2022
Next filing: Nov 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FARM	Common Stock	Award	$0	+17.6K	+56.64%	$0.00	48.6K	Nov 1, 2022	Direct	F1
holding	FARM	Common Stock						2.26K	Nov 1, 2022	Held in Company's 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FARM	Cash-Settled Restricted Stock Units	Award	$0	+17.6K		$0.00	17.6K	Nov 1, 2022	Cash-Settled Restricted Stock Units	17.6K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock units under Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan") granted on November 1, 2022 ("Grant Date"), the restricted stocks units will vest 33 1/3% on the first anniversary of the Grant, 33 1/3% on the second anniversary, and 33 1/3% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the restricted stock unit grant agreement.
F2	Grant of cash based restricted stock units ("CRSUs") under the Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan") granted on November 1, 2022, the CRSUs will vest 33 1/3% on the first anniversary of the Grant, 33 1/3% on the second anniversary, and 33 1/3% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the CSRU grant agreement. CRSUs may be settled solely in cash. Each CRSU is the economic equivalent of one share of common stock of the issuer.

Content

Grant of restricted stock units under Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan") granted on November 1, 2022 ("Grant Date"), the restricted stocks units will vest 33 1/3% on the first anniversary of the Grant, 33 1/3% on the second anniversary, and 33 1/3% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the restricted stock unit grant agreement.

Grant of cash based restricted stock units ("CRSUs") under the Farmer Bros. Co. 2017 Long Term Incentive Plan ("Plan") granted on November 1, 2022, the CRSUs will vest 33 1/3% on the first anniversary of the Grant, 33 1/3% on the second anniversary, and 33 1/3% on the third anniversary of the Grant Date. Vesting is subject to the provisions of the Plan and the CSRU grant agreement. CRSUs may be settled solely in cash. Each CRSU is the economic equivalent of one share of common stock of the issuer.