Joel Weight - 21 Jan 2023 Form 4 Insider Report for OVERSTOCK.COM, INC (OSTK)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Allison Fletcher, Attorney-in-Fact
Issuer symbol
OSTK
Transactions as of
21 Jan 2023
Transactions value $
-$35,626
Form type
4
Filing time
24 Jan 2023, 15:46:51 UTC
Previous filing
18 Feb 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSTK Common Stock Options Exercise $0 +3,666 +51.34% $0.0001* 10,806 21 Jan 2023 Direct F1
transaction OSTK Common Stock Tax liability -$35,626 -1,664 -15.4% $21.41 9,142 21 Jan 2023 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 Units Options Exercise $0 -3,666 -16.92% $0 18,001 21 Jan 2023 Common Stock 3,666 Direct F2
transaction OSTK Restricted Stock Units Award $0 +33,693 +1.87% $0 51,694 23 Jan 2023 Common Stock 33,693 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 38 shares acquired in connection with the conversion of the Company's outstanding shares of Series A-1 and Series B Preferred Stock into shares of common stock, which was completed on June 10, 2022, (ii) 317 shares acquired under the Company's Employee Stock Purchase Plan on February 28, 2022, and (iii) 39 shares acquired under the Company's Employee Stock Purchase Plan on August 31, 2022.
F2 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 January 21, 2023, January 21, 2024, and January 21, 2025. 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.
F3 Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest in three equal installments at the close of business on January 23, 2024, January 23, 2025, and January 23, 2026. 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.