May 1, 2024 · Form 4 insider transaction
Mathrubootham Rathnagirish sold 187,500 shares of Papa Murphy's Hldgs Inc at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each Restricted Stock Unit represents a contingent right to receive one share of Class B Common Stock.; The shares of Class B Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. The Restricted Stock Units shall vest as follows: 1/16th of the shares subject to the restricted stock unit vest in equal three month installments over 48 months, commencing November 1, 2021, subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2011 Stock Plan).