Gregory V. Hackman - 10 Aug 2021 Form 4 Insider Report for Boot Barn Holdings, Inc. (BOOT)

Role: EVP, COO & CFO
Signature: /s/ Gregory V. Hackman
Issuer symbol: BOOT
Transactions as of: 10 Aug 2021
Net transactions value: -$653,139
Form type: 4
Filing time: 12 Aug 2021, 19:06:52 UTC
Previous filing: 08 Jun 2021
Next filing: 27 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BOOT	Common Stock	Tax liability	$46,618	-527	-1.8%	$88.46	29,313	10 Aug 2021	Direct	F1
transaction	BOOT	Common Stock	Options Exercise	$73,865	+3,088	+11%	$23.92^*	32,401	11 Aug 2021	Direct
transaction	BOOT	Common Stock	Options Exercise	$80,355	+3,337	+10%	$24.08^*	35,738	11 Aug 2021	Direct
transaction	BOOT	Common Stock	Options Exercise	$88,953	+3,107	+8.7%	$28.63	38,845	11 Aug 2021	Direct
transaction	BOOT	Common Stock	Sale	$849,694	-9,532	-25%	$89.14	29,313	11 Aug 2021	Direct	F2, F3
holding	BOOT	Common Stock						17,932	10 Aug 2021	Direct	F4

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	BOOT	Options	Options Exercise	$0	-3,088	-22%	$0.000000	11,245	11 Aug 2021	Common Stock	3,088	$23.92	Direct	F5
transaction	BOOT	Options	Options Exercise	$0	-3,337	-25%	$0.000000	10,010	11 Aug 2021	Common Stock	3,337	$24.08	Direct	F5
transaction	BOOT	Options	Options Exercise	$0	-3,107	-33%	$0.000000	6,214	11 Aug 2021	Common Stock	3,107	$28.63	Direct	F5
holding	BOOT	Options						13,498	10 Aug 2021	Common Stock	13,498	$6.15	Direct	F6
holding	BOOT	Options						11,000	10 Aug 2021	Common Stock	11,000	$7.11	Direct	F6
holding	BOOT	Options						12,020	10 Aug 2021	Common Stock	12,020	$23.57	Direct	F5
holding	BOOT	Options						12,506	10 Aug 2021	Common Stock	12,506	$20.94	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 10, 2021, in connection with the vesting of shares underlying an aggregate of 1,061 previously disclosed restricted stock units, the issuer withheld 527 shares of common stock to satisfy withholding taxes due in connection with such vesting. Such shares had a market value of $88.46 per share, the closing price of the common stock on the vesting date. Amount of securities beneficially owned consists of the number of shares of common stock held by the reporting person as of August 10, 2021, including the shares awarded in connection with such vesting, but excluding any shares of common stock subject to further vesting conditions. See Note 4 below.
F2	Reflects the weighted average price of sales on August 11, 2021. The shares were sold in multiple transactions at prices ranging from $89.00 to $89.50, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
F3	Consists of the number of shares of common stock held by the reporting person as of August 11, 2021, but excluding any shares of common stock subject to further vesting conditions. See Note 4 below.
F4	Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of August 11, 2021 that remain subject to time-based vesting.
F5	The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a four-year period in equal annual installments on each anniversary of the grant date.
F6	The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a five-year period in equal annual installments on each anniversary of the grant date.