Phil Horlock - Aug 22, 2024 Form 4 Insider Report for Blue Bird Corp (BLBD)

Role
Chief Executive Officer
Signature
/s/ Ted Scartz as attorney-in-fact
Stock symbol
BLBD
Transactions as of
Aug 22, 2024
Transactions value $
-$1,553,295
Form type
4
Date filed
8/26/2024, 01:28 PM
Previous filing
Feb 15, 2024
Next filing
Sep 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLBD Common Stock, par value $0.0001 per share Options Exercise $260K +16.1K +5.36% $16.20 316K Aug 22, 2024 Direct
transaction BLBD Common Stock, par value $0.0001 per share Options Exercise $521K +32.2K +10.18% $16.20 348K Aug 23, 2024 Direct
transaction BLBD Common Stock, par value $0.0001 per share Sale -$761K -16.1K -4.62% $47.34 332K Aug 23, 2024 Direct F1
transaction BLBD Common Stock, par value $0.0001 per share Sale -$1.57M -32.2K -9.69% $48.93 300K Aug 26, 2024 Direct F2

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 BLBD Stock Option (right to buy) Options Exercise $0 -16.1K -24.19% $0.00 50.4K Aug 22, 2024 Common Stock, par value $0.0001 16.1K $16.20 Direct F3
transaction BLBD Stock Option (right to buy) Options Exercise $0 -32.2K -63.81% $0.00 18.2K Aug 23, 2024 Common Stock, par value $0.0001 32.2K $16.20 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.84 to $47.73, inclusive. The reporting person undertakes to provide to Blue Bird Corporation, any security holder of Blue Bird Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.77 to $49.25, inclusive. The reporting person undertakes to provide to Blue Bird Corporation, any security holder of Blue Bird Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Award represents option grants that were originally scheduled to vest over a three year period in equal installments (12/11/2021, 12/11/2022, 12/11/2023), but for which vesting was accelerated to 10/31/2021 upon Mr. Horock's initial retirement.