Eric Nyman - Dec 18, 2024 Form 4 Insider Report for Revelyst, Inc. (GEAR)

Role
President & CEO
Signature
/s/Yun Jung Choi, attorney-in-fact
Stock symbol
GEAR
Transactions as of
Dec 18, 2024
Transactions value $
-$438,314
Form type
4
Date filed
12/20/2024, 05:48 PM
Previous filing
Nov 27, 2024
Next filing
Jan 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEAR Common Stock Tax liability -$438K -23.1K -2.47% $19.01 909K Dec 18, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay taxes applicable to the vesting of restricted stock units.
F2 In connection with the transaction contemplated by the Agreement and Plan of Merger, dated as of October 4, 2024, by and among the Issuer, Vista Outdoor Inc., Cabin Ridge Inc. and Olibre LLC, the Board of Directors of the Issuer accelerated the vesting of certain RSU awards in connection with tax-planning actions to mitigate adverse tax consequences of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended.
F3 Includes restricted stock units subject to certain vesting periods and other restrictions.