Ralph Alvarez - 02 Aug 2021 Form 4 Insider Report for Traeger, Inc. (COOK)

Role: Director
Signature: By: /s/ Thomas Burton, Attorney-in-fact
Issuer symbol: COOK
Transactions as of: 02 Aug 2021
Transactions value $: $2,700,000
Form type: 4
Filing time: 04 Aug 2021, 18:39:56
Previous filing: 29 Jul 2021
Next filing: 17 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	COOK	Common Stock	Purchase	$2.7M	+150K		$18.00^*	150K	02 Aug 2021	Direct
transaction	COOK	Common Stock	Award	$0	+10.7K	+7.13%	$0.00	161K	02 Aug 2021	Direct	F1
holding	COOK	Common Stock						333K	02 Aug 2021	By Family Trust dated March 25, 2004
holding	COOK	Common Stock						48.8K	02 Aug 2021	By Family Trust dated December 16, 2012

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

Explanation of Responses:

Id	Content
F1	Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the annual meeting of the stockholders in 2022, subject to continued service through the vesting date. Mr. Alvarez has elected to defer the receipt of Common Stock upon the vesting of his RSUs pursuant to the Issuer's Deferred Compensation Plan until Mr. Alvarez incurs a separation from service from the Issuer, or, if earlier, in the event of a "Change in Control" (as defined in the Deferred Compensation Plan) of the Issuer.

Content

Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the annual meeting of the stockholders in 2022, subject to continued service through the vesting date. Mr. Alvarez has elected to defer the receipt of Common Stock upon the vesting of his RSUs pursuant to the Issuer's Deferred Compensation Plan until Mr. Alvarez incurs a separation from service from the Issuer, or, if earlier, in the event of a "Change in Control" (as defined in the Deferred Compensation Plan) of the Issuer.