BAUER THOMAS E. sold FARM
February 1, 2024 · Form 4 insider transaction
BAUER THOMAS E. sold 987 shares of Farmer Bros. Co. at $2.99 per share, a transaction worth $3.0K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
On this date, a portion of a grant of restricted stock units ("RSUs") under the Farmer Bros. Co. 2020 Inducement Incentive Plan (the "Plan") vested, which was granted on February 1, 2023 ("Grant Date"). It was mistakenly reported in a prior Form 3 filing that the Grant Date was January 3, 2023 and that the RSUs would vest in three equal annual installments on each of the first three anniversaries of the erroneously reported Grant Date, beginning on January 3, 2024. Rather, the RSUs will vest in three equal annual installments on each of the first three anniversaries of the actual Grant Date, beginning on February 1, 2024.