WILLIAM T. ALLEN - 24 Jan 2024 Form 4 Insider Report for Savers Value Village, Inc. (SVV)

Role
Director
Signature
/s/ Richard Medway
Issuer symbol
SVV
Transactions as of
24 Jan 2024
Transactions value $
$-439,536
Form type
4
Filing time
26 Jan 2024, 17:25:56 UTC
Previous filing
28 Jun 2023
Next filing
07 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVV Common Stock Options Exercise $537 +381 $1.41* 381 24 Jan 2024 Direct
transaction SVV Common Stock Sale $-6,866 -381 -100% $18.02 0 24 Jan 2024 Direct F1, F2
transaction SVV Common Stock Options Exercise $36,766 +26,075 $1.41* 26,075 25 Jan 2024 Direct
transaction SVV Common Stock Sale $-469,973 -26,075 -100% $18.02 0 25 Jan 2024 Direct F1, F3

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 SVV Option (Right to Purchase) Options Exercise $0 -381 -0.46% $0.000000 82,297 24 Jan 2024 Common Stock 381 $1.41 Direct F4, F5
transaction SVV Option (Right to Purchase) Options Exercise $0 -26,075 -31.7% $0.000000 56,222 25 Jan 2024 Common Stock 26,075 $1.41 Direct F4, F5
* 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 sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on September 15, 2023.
F2 This price represents the weighted average price per share of common stock (each, a "Share") of Savers, Inc. (the "Issuer"). These Shares were executed at a range of prices from $18.00 to $18.0699. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F3 This price represents the weighted average price per share of common stock of Savers, Inc. These Shares were executed at a range of prices from $18.00 to $18.1499. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
F4 Options previously granted under the Registrant's 2019 Management Incentive Plan. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
F5 The June 28, 2019 stock option grant vests in substantially equal annual installments over five years starting May 20, 2020, until fully vested on May 20, 2024.