Thomas L. Fletcher - 21 Feb 2023 Form 4 Insider Report for FOX FACTORY HOLDING CORP (FOXF)

Signature
/s/ Thomas L. Fletcher, by Toby D. Merchant as attorney-in-fact
Issuer symbol
FOXF
Transactions as of
21 Feb 2023
Net transactions value
-$47,660
Form type
4
Filing time
23 Feb 2023, 15:24:04 UTC
Previous filing
08 Sep 2022
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOXF Common Stock Award $0 +1,011 +25% $0.000000 5,044 21 Feb 2023 Direct F1, F2
transaction FOXF Common Stock Tax liability $47,660 -397 -7.9% $120.05 4,647 21 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects performance stock units, originally granted pursuant to the Issuer's 2013 Omnibus Plan, earned after the Compensation Committee of the Issuer determined on February 21, 2023 that certain performance goals for the performance period ended December 30, 2022 had been met.
F2 On September 8, 2022, the Reporting Person filed a Form 4, which inadvertently reported the amount of securities beneficially owned directly by such Reporting Person following the reported transaction was 4,036 shares of common stock, when in fact, the amount should have been 4,033 shares of common stock (an overreporting of 3 shares of common stock). The amount of securities beneficially owned reported in this Form 4 corrects that error.
F3 Shares withheld to satisfy tax obligations arising out of vesting of performance stock units.

Remarks:

(A) Mr. Fletcher is the President, Powered Vehicles Group Business and Corporate Strategy.