THOMAS TAYLOR V. - 28 Feb 2024 Form 4 Insider Report for Floor & Decor Holdings, Inc. (FND)

Signature
/s/ Monica Shilling, by Power of Attorney
Issuer symbol
FND
Transactions as of
28 Feb 2024
Net transactions value
-$2,795,988
Form type
4
Filing time
01 Mar 2024, 17:00:12 UTC
Previous filing
28 Feb 2024
Next filing
05 Mar 2024

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 Tax liability $333,788 -2,708 -1.4% $123.26 194,315 28 Feb 2024 Direct F1
transaction FND Class A common stock, par value $0.001 Sale $2,462,200 -20,000 -10% $123.11 174,315 28 Feb 2024 Direct F2
transaction FND Class A common stock, par value $0.001 Gift $0 -5,000 -2.9% $0.000000 169,315 28 Feb 2024 Direct
holding FND Class A common stock, par value $0.001 965 28 Feb 2024 By son
holding FND Class A common stock, par value $0.001 33,938 28 Feb 2024 By the Taylor Grantor Retained Annuity Trust, of which Mr. Taylor is the trustee. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock units ("RSUs") surrendered to satisfy the reporting person's tax withholding obligation upon vesting of RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.941 to $123.170, inclusive. The reporting person undertakes to provide to Floor and Decor Holdings, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported securities are remainder interests held in sub-trust accounts of the Taylor Grantor Retained Annuity Trust, which are held for the benefit of the reporting person's children. Such securities will be distributed to each child upon their 30th birthday and, because of the nature of the sub-trusts, distributions will be non-discretionary and therefore will not be reported.