Allison H. Abraham - 17 Feb 2022 Form 4 Insider Report for OVERSTOCK.COM, INC (OSTK)

Role
Director
Signature
/s/ Allison Fletcher (attorney-in-fact)
Issuer symbol
OSTK
Transactions as of
17 Feb 2022
Transactions value $
-$148,885
Form type
4
Filing time
18 Feb 2022, 17:07:32 UTC
Previous filing
15 Feb 2022
Next filing
24 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSTK Common Stock Sale -$149K -3.33K -3.73% $44.67 86K 17 Feb 2022 Direct F1, F2
transaction OSTK Common Stock Options Exercise $0.33 +3.33K +3.87% $0.00* 89.4K 17 Feb 2022 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 OSTK Restricted Stock Unit Options Exercise $0 -3.33K -26.31% $0.00 9.33K 17 Feb 2022 Common Stock 3.33K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to the Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2021.
F2 $44.67 is the weighted average sale price for the 3,333 shares sold on February 17, 2022. The shares were sold in multiple transactions at prices ranging from $44.15 to $44.92 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest or have vested in three equal installments at the close of business on February 17, 2021, February 17, 2022, and February 17, 2023. Vested shares are delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.