RANDALL J. FAGUNDO - 14 Jul 2021 Form 3 Insider Report for Hillman Solutions Corp. (HLMN)

Role
Divisional President, Robotics and Digital Solutions, Exhibit List: Exhibit 24 - Power of Attorney
Signature
By: /s/ Douglas D. Roberts, as attorney-in-fact
Issuer symbol
HLMN
Transactions as of
14 Jul 2021
Transactions value $
$0
Form type
3
Filing time
19 Jul 2021, 19:16:36 UTC
Next filing
28 Jan 2022
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
holding HLMN Stock Options 14 Jul 2021 Common Stock 173K $7.29 Direct F1
holding HLMN Stock Options 14 Jul 2021 Common Stock 320K $7.89 Direct F2
holding HLMN Stock Options 14 Jul 2021 Common Stock 158K $10.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Half of the shares underlying the option vest in four equal annual installments beginning on the first anniversary of the date of grant (which is 10 years prior to the expiration date), subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. Half of the shares underlying the option vest based on the achievement of performance criteria.
F2 All shares underlying the option vest in four equal annual installments beginning on the first anniversary of the date of grant (which is 10 years prior to the expiration date), subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3 Two-thirds of the shares underlying the option vest in four equal annual installments beginning on the first anniversary of the date of grant (which is 10 years prior to the expiration date), subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. One-third of the shares underlying the option vest based on the achievement of performance criteria.

Remarks:

Divisional President, Robotics and Digital Solutions, Exhibit List: Exhibit 24 - Power of Attorney