Joseph Scalzo - Apr 19, 2022 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
Apr 19, 2022
Transactions value $
-$4,468,850
Form type
4
Date filed
4/20/2022, 04:33 PM
Previous filing
Apr 26, 2022
Next filing
May 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Options Exercise $1.2M +100K +219.51% $12.00 146K Apr 19, 2022 Direct F1
transaction SMPL Common Stock Sale -$4.47M -100K -68.7% $44.69 45.6K Apr 19, 2022 Direct F2, 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 -$1.2M -100K -9.09% $12.00 1M Apr 19, 2022 Common Stock 100K $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 This transaction was effective pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 8/16/2021. The Rule 10b5-1 trading plan, which was structured to include several sale periods, was established as part of the Reporting Person's long-term strategy for asset diversification and financial, retirement, estate and tax planning activities over a period of time.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $44.50 to $45.03, 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.