Duane C. Woods - 14 Jun 2024 Form 4 Insider Report for Savers Value Village, Inc. (SVV)

Role
Director
Signature
/s/ Richard Medway, attorney in fact
Issuer symbol
SVV
Transactions as of
14 Jun 2024
Transactions value $
$76,774
Form type
4
Filing time
18 Jun 2024, 16:39:30 UTC
Previous filing
07 Jun 2024
Next filing
06 Jun 2025
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 $54,789 +38,858 +538% $1.41* 46,080 14 Jun 2024 Direct
transaction SVV Common Stock Options Exercise $21,984 +6,957 +15% $3.16 53,037 14 Jun 2024 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 SVV Option (Right to Purchase) Options Exercise $0 -38,858 -47% $0 43,820 14 Jun 2024 Common Stock 38,858 $1.41 Direct F1, F2
transaction SVV Option (Right to Purchase) Options Exercise $0 -6,957 -39% $0 10,881 14 Jun 2024 Common Stock 6,957 $3.16 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Approximately 40% represents time-based options with a vesting schedule in substantially equal annual installments over five years starting January 1, 2021, and approximately 60% represents performance-based options, of which 25% vested upon the initial public offering and the remainder will be eligible for vesting upon satisfaction of certain performance criteria including stock price performance.
F3 Approximately 40% represents time-based options with a vesting schedule in substantially equal annual installments over five years starting December 9, 2021, and approximately 60% represents performance-based options, of which 25% vested upon the initial public offering and the remainder will be eligible for vesting upon satisfaction of certain performance criteria including stock price performance.