DOUG BLACK - 18 Oct 2023 Form 4 Insider Report for SiteOne Landscape Supply, Inc. (SITE)

Role
CEO, Director
Signature
/s/ Briley Brisendine, attorney-in-fact for Doug Black
Issuer symbol
SITE
Transactions as of
18 Oct 2023
Transactions value $
-$828,751
Form type
4
Filing time
20 Oct 2023, 16:05:25 UTC
Previous filing
22 Sep 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITE Common Stock Options Exercise $35,464 +6,448 +1.15% $5.5* 569,334 18 Oct 2023 Direct
transaction SITE Common Stock Options Exercise $290,939 +7,512 +1.32% $38.73* 576,846 18 Oct 2023 Direct
transaction SITE Common Stock Sale -$1,155,155 -7,960 -1.38% $145.12 568,886 18 Oct 2023 Direct F1, F2

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 SITE Stock Options (right to buy) Options Exercise $0 +6,448 $0* 0 18 Oct 2023 Common Stock 6,448 $5.5 Direct F3
transaction SITE Stock Options (right to buy) Options Exercise $0 +7,512 +10.42% $0 79,629 18 Oct 2023 Common Stock 7,512 $38.73 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 sales plan adopted by the Reporting Person on February 24, 2023.
F2 The price reported in column 4 is a weighted average price. The shares were sold at prices ranging from $142.49 to $153.22, inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
F3 929,448 options were granted on May 19, 2014, and vested and became exercisable ratably in five installments on each anniversary of December 23, 2013. Prior to the transactions reported on this Form 4, 6,448 of these options that remain outstanding had vested.
F4 87,141 options were granted on February 17, 2017, and vested and became exercisable ratably in four installments on each anniversary of February 17, 2017. Prior to the transactions reported on this Form 4, 87,141 of these options that remain outstanding had vested.