Mark Gregory Spinks - 01 Nov 2023 Form 4 Insider Report for Sally Beauty Holdings, Inc. (SBH)

Role
President - Beauty Systems Group
Signature
/s/ Cade Newman, Attorney-in-Fact
Issuer symbol
SBH
Transactions as of
01 Nov 2023
Net transactions value
$0
Form type
4
Filing time
03 Nov 2023, 16:05:24 UTC
Previous filing
17 Feb 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

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 SBH Restricted stock units Award $0 +53,003 $0.000000 53,003 01 Nov 2023 Common Stock 53,003 Direct F1, F2, F3
transaction SBH Restricted stock units Award $0 +1,663 $0.000000 1,663 01 Nov 2023 Common Stock 1,663 Direct F1, F2, F4
transaction SBH Restricted stock units Award $0 +2,382 $0.000000 2,382 01 Nov 2023 Common Stock 2,382 Direct F1, F2, F5
transaction SBH Restricted stock units Award $0 +4,304 $0.000000 4,304 01 Nov 2023 Common Stock 4,304 Direct F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under the Sally Beauty Holdings, Inc. 2019 Omnibus Incentive Plan.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The restricted stock units vest in three equal annual installments beginning on November 15, 2024.
F4 Reflects earned performance stock units (PSUs). The PSUs were granted on January 27, 2021, and are comprised of three, one-year performance periods with goals related to adjusted operating income (AOI), with the number of shares earned paid out at the end of the three-year performance period on November 15, 2023. The number of PSUs reported reflects the number of PSUs earned based on the issuer's Compensation and Talent Committee's (the "Committee") certification of the level of achievement of AOI goals for the third one-year performance period (October 1, 2022 and ending on September 30, 2023).
F5 Reflects earned PSUs. The PSUs were granted on November 3, 2021, and are comprised of three, one-year performance periods with goals related to adjusted operating income margin (AOIM), with the number of shares earned paid out at the end of the three-year performance period on November 15, 2024. The number of PSUs reported reflects the number of PSUs earned based on the Committee's certification of the level of achievement of AOIM goals for the second one-year performance period (October 1, 2022 and ending on September 30, 2023).
F6 Reflects earned PSUs. The PSUs were granted on November 2, 2022, and are comprised of three, one-year performance periods with goals related to AOIM, with the number of shares earned paid out at the end of the three-year performance period on November 15, 2025. The number of PSUs reported reflects the number of PSUs earned based on the Committee's certification of the level of achievement of AOIM goals for the first one-year performance period (October 1, 2022 and ending on September 30, 2023).

Remarks:

President - Beauty Systems Group