David V. Christopherson - 21 Dec 2023 Form 4 Insider Report for Floor & Decor Holdings, Inc. (FND)

Role
EVP AND GENERAL COUNSEL
Signature
/s/ Monica Shilling, by Power of Attorney
Issuer symbol
FND
Transactions as of
21 Dec 2023
Net transactions value
-$1,292,936
Form type
4
Filing time
22 Dec 2023, 16:16:41 UTC
Previous filing
18 Dec 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FND Class A common stock, par value $0.001 Options Exercise $285,685 +6,462 +18% $44.21 43,014 21 Dec 2023 Direct
transaction FND Class A common stock, par value $0.001 Options Exercise $198,020 +6,192 +14% $31.98 49,206 21 Dec 2023 Direct
transaction FND Class A common stock, par value $0.001 Options Exercise $298,367 +5,171 +11% $57.70 54,377 21 Dec 2023 Direct
transaction FND Class A common stock, par value $0.001 Options Exercise $173,085 +1,809 +3.3% $95.68 56,186 21 Dec 2023 Direct
transaction FND Class A common stock, par value $0.001 Sale $2,248,093 -19,634 -35% $114.50 36,552 21 Dec 2023 Direct F1

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 FND Stock Option (right to buy) Options Exercise $0 -6,462 -100% $0.000000* 0 21 Dec 2023 Class A common stock, par value $0.001 6,462 $44.21 Direct F2
transaction FND Stock Option (right to buy) Options Exercise $0 -6,192 -100% $0.000000* 0 21 Dec 2023 Class A common stock, par value $0.001 6,192 $31.98 Direct F3
transaction FND Stock Option (right to buy) Options Exercise $0 -5,171 -67% $0.000000 2,586 21 Dec 2023 Class A Common Stock, par value $0.001 5,171 $57.70 Direct F4
transaction FND Stock Option (right to buy) Options Exercise $0 -1,809 -50% $0.000000 1,808 21 Dec 2023 Class A Common Stock, par value $0.001 1,809 $95.68 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2023.
F2 The options vested and became exercisable in five equal annual installments on March 2 of each of 2019, 2020, 2021, 2022, and 2023.
F3 The options vested and became exercisable in four equal annual installments on November 2 of each of 2019, 2020, 2021, and 2022.
F4 The option vests in four annual installments. The first three installments vested and became exercisable on February 24 of each of 2021, 2022, and 2023. The fourth installment will vest and become exercisable on February 24, 2024.
F5 The option vests in four annual installments. The first two installments vested and became exercisable on March 1 of each of 2022 and 2023. The remaining installments will vest and become exercisable on March 1 of each of 2024 and 2025.