Phil Horlock - 22 Aug 2024 Form 4 Insider Report for Blue Bird Corp (BLBD)

Role
Chief Executive Officer
Signature
/s/ Ted Scartz as attorney-in-fact
Issuer symbol
BLBD
Transactions as of
22 Aug 2024
Transactions value $
-$1,553,295
Form type
4
Filing time
26 Aug 2024, 13:28:41 UTC
Previous filing
15 Feb 2024
Next filing
16 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLBD Common Stock, par value $0.0001 per share Options Exercise $260,496 +16,080 +5.36% $16.2 315,892 22 Aug 2024 Direct
transaction BLBD Common Stock, par value $0.0001 per share Options Exercise $520,975 +32,159 +10.18% $16.2 348,051 23 Aug 2024 Direct
transaction BLBD Common Stock, par value $0.0001 per share Sale -$761,227 -16,080 -4.62% $47.34 331,971 23 Aug 2024 Direct F1
transaction BLBD Common Stock, par value $0.0001 per share Sale -$1,573,539 -32,159 -9.69% $48.93 299,812 26 Aug 2024 Direct 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 BLBD Stock Option (right to buy) Options Exercise $0 -16,080 -24.19% $0 50,398 22 Aug 2024 Common Stock, par value $0.0001 16,080 $16.2 Direct F3
transaction BLBD Stock Option (right to buy) Options Exercise $0 -32,159 -63.81% $0 18,239 23 Aug 2024 Common Stock, par value $0.0001 32,159 $16.2 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.84 to $47.73, inclusive. The reporting person undertakes to provide to Blue Bird Corporation, any security holder of Blue Bird Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.77 to $49.25, inclusive. The reporting person undertakes to provide to Blue Bird Corporation, any security holder of Blue Bird Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Award represents option grants that were originally scheduled to vest over a three year period in equal installments (12/11/2021, 12/11/2022, 12/11/2023), but for which vesting was accelerated to 10/31/2021 upon Mr. Horock's initial retirement.