Joseph Scalzo - Dec 28, 2021 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Role
CEO and President, Director
Signature
/s/ Timothy R. Kraft, as Attorney-in-Fact for Joseph E. Scalzo
Stock symbol
SMPL
Transactions as of
Dec 28, 2021
Transactions value $
-$4,170,638
Form type
4
Date filed
12/30/2021, 03:48 PM
Previous filing
Nov 15, 2021
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Options Exercise $934K +77.8K +170.83% $12.00 123K Dec 28, 2021 Direct F1
transaction SMPL Common Stock Sale -$3.24M -77.8K -63.08% $41.69 45.6K Dec 28, 2021 Direct F2
transaction SMPL Common Stock Options Exercise $266K +22.2K +48.68% $12.00 67.7K Dec 29, 2021 Direct F1
transaction SMPL Common Stock Sale -$926K -22.2K -32.74% $41.76 45.6K Dec 29, 2021 Direct F3

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 SMPL Options to Purchase Common Stock Options Exercise -$934K -77.8K -6.49% $12.00 1.12M Dec 28, 2021 Common Stock 77.8K $12.00 Direct F4
transaction SMPL Options to Purchase Common Stock Options Exercise -$266K -22.2K -1.98% $12.00 1.1M Dec 29, 2021 Common Stock 22.2K $12.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported were acquired by the Reporting Person from exercising a stock option pursuant to Rule 10b5-1 Trading Plan. The purchase and sale reported on this Form 4 was completed pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on 8/16/2021.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $41.50 to $42.02, inclusive. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $41.50 to $42.03, inclusive. The reporting person undertakes to provide to the issuer, any stockholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F4 The stock options vested in three substantially equal annual installments beginning on July 14, 2018. As a result, these stock options are fully vested.