John W. Sobba - 22 Dec 2023 Form 4 Insider Report for RADIANT LOGISTICS, INC (RLGT)

Signature
John W. Sobba
Issuer symbol
RLGT
Transactions as of
22 Dec 2023
Net transactions value
-$31,744
Form type
4
Filing time
27 Dec 2023, 19:28:09 UTC
Previous filing
26 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLGT Common Stock Options Exercise +12,172 +49% 36,986 22 Dec 2023 Direct F1
transaction RLGT Common Stock Tax liability $20,096 -2,964 -8% $6.78 34,022 22 Dec 2023 Direct
transaction RLGT Common Stock Options Exercise +7,052 +21% 41,074 22 Dec 2023 Direct F1
transaction RLGT Common Stock Tax liability $11,648 -1,718 -4.2% $6.78 39,356 22 Dec 2023 Direct

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 RLGT Restricted Stock Units Options Exercise $0 -12,172 -75% $0.000000 4,057 22 Dec 2023 Common Stock 12,172 Direct F1, F2
transaction RLGT Restricted Stock Units Options Exercise $0 -7,052 -42% $0.000000 9,873 22 Dec 2023 Common Stock 7,052 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John W. Sobba is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on September 8, 2021, was partially accelerated and 75% of the shares underlying the award became vested as of December 22, 2023. Vested shares will be delivered to the reporting person as soon as practicable, but not more than 30 days after vesting.
F3 Pursuant to the Separation Agreement, the vesting of the RSUs granted to the reporting person on September 9, 2022, was partially accelerated and 42% of the shares underlying the award became vested as of December 22, 2023. Vested shares will be delivered to the reporting person as soon as practicable, but not more than 30 days after vesting.