Christopher Pappas - 24 Feb 2022 Form 4 Insider Report for Chefs' Warehouse, Inc. (CHEF)

Role: President and CEO, Director
Signature: /s/ Alexandros Aldous, Attorney-in-Fact for Christopher Pappas
Issuer symbol: CHEF
Transactions as of: 24 Feb 2022
Net transactions value: -$156,576
Form type: 4
Filing time: 28 Feb 2022, 18:16:19 UTC
Previous filing: 24 Feb 2022
Next filing: 22 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHEF	Common Stock	Award		+94,377	+4.1%		2,394,161	24 Feb 2022	Direct	F1
transaction	CHEF	Common Stock	Tax liability	$68,224	-2,132	-0.09%	$32.00	2,392,029	25 Feb 2022	Direct	F2
transaction	CHEF	Common Stock	Tax liability	$88,352	-2,761	-0.12%	$32.00	2,389,268	25 Feb 2022	Direct	F2
holding	CHEF	Common Stock						300,121	24 Feb 2022	2021 GRAT

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

Explanation of Responses:

Id	Content
F1	The reporting person was granted shares of restricted common stock pursuant to The Chefs' Warehouse 2019 Omnibus Equity Incentive Plan (the "Plan"). The forfeiture restrictions associated with 28,313 of these shares will lapse in one-third increments as of the first through third anniversary dates of the grant date, February 24, 2022. The forfeiture restrictions associated with 66,064 of these shares will lapse upon achievement of performance conditions based on the per-share price of Issuer's common stock.
F2	Shares withheld upon the vesting of restricted common stock awarded to the reporting person pursuant to the Plan.

Content

The reporting person was granted shares of restricted common stock pursuant to The Chefs' Warehouse 2019 Omnibus Equity Incentive Plan (the "Plan"). The forfeiture restrictions associated with 28,313 of these shares will lapse in one-third increments as of the first through third anniversary dates of the grant date, February 24, 2022. The forfeiture restrictions associated with 66,064 of these shares will lapse upon achievement of performance conditions based on the per-share price of Issuer's common stock.

Shares withheld upon the vesting of restricted common stock awarded to the reporting person pursuant to the Plan.