Scott Ride - 26 Feb 2024 Form 4 Insider Report for Hillman Solutions Corp. (HLMN)

Role: President, Hillman Canada
Signature: By: /s/ Daniel M. Bauer, as attorney-in-fact
Issuer symbol: HLMN
Transactions as of: 26 Feb 2024
Transactions value $: -$353,593
Form type: 4
Filing time: 28 Feb 2024, 16:19:05 UTC
Previous filing: 09 Mar 2023
Next filing: 11 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HLMN	Common Stock	Options Exercise	$645K	+106K	+236.3%	$6.07	151K	26 Feb 2024	Direct
transaction	HLMN	Common Stock	Sale	-$998K	-106K	-70.26%	$9.40	44.9K	26 Feb 2024	Direct	F1

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	HLMN	Stock Options	Options Exercise	$0	-106K	-42.27%	$0.00	145K	26 Feb 2024	Common Stock	106K	$6.07	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at the same price, and have been combined on this form.
F2	The option was granted on 2/12/2015. Half of the shares underlying the option vested in four equal annual installments beginning on the first anniversary of the date of grant subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The other half of the shares underlying the option vest based on the achievement of performance criteria. The option exercise reported on this form involved the options with time based vesting. The unexercised options that remain outstanding vest upon achievement of performance criteria.

Content

This transaction was executed in multiple trades at the same price, and have been combined on this form.

The option was granted on 2/12/2015. Half of the shares underlying the option vested in four equal annual installments beginning on the first anniversary of the date of grant subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The other half of the shares underlying the option vest based on the achievement of performance criteria. The option exercise reported on this form involved the options with time based vesting. The unexercised options that remain outstanding vest upon achievement of performance criteria.