Richard Medway - 12 May 2025 Form 4 Insider Report for Savers Value Village, Inc. (SVV)

Signature
Richard Medway
Issuer symbol
SVV
Transactions as of
12 May 2025
Transactions value $
-$6,111
Form type
4
Filing time
14 May 2025, 16:35:36 UTC
Previous filing
12 May 2025
Next filing
08 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Medway Richard A. General Counsel C/O SAVERS VALUE VILLAGE, INC., 11400 SE 6TH, SUITE 125, BELLEVUE Richard Medway 14 May 2025 0001977271

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVV Common Stock Options Exercise $852 +604 $1.41 604 12 May 2025 Direct
transaction SVV Common Stock Sale -$6.96K -604 -100% $11.53 0 12 May 2025 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 SVV Option (Right to Purchase) Options Exercise $0 -604 -0.12% $0.00 522K 12 May 2025 Common Stock 604 $1.41 Direct F3, 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 13, 2024.
F2 This price represents the weighted average price per share of common stock of Savers Value Village, Inc. These Shares were executed at a range of prices from $11.49 to $11.58. 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 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.
F4 The June 12, 2019, stock option grant vested in substantially equal annual installments over five years starting March 28, 2020, until fully vested on March 28, 2024.
F5 Approximately 35% represents time-based options with a vesting schedule in substantially equal annual installments over five years starting March 28, 2020, and approximately 65% 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.