SEC Form 4 · accession 0001104659-18-022910
Floor & Decor Holdings, Inc. · FND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Victor Christopherson
Officer — EVP & General Counsel
Period of report
Apr 5, 2018
Accepted (ET)
Apr 6, 2018 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507079
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stock, par value $0.001 | Apr 5, 2018 | M | 2,300 | $9.99 | A | 12,845 | D | |
| Class A common stock, par value $0.001F2 | Apr 5, 2018 | S | 2,300 | $56.24 | D | 10,545 | D | |
| Class A common stock, par value $0.001 | Apr 5, 2018 | M | 4,201 | $9.99 | A | 14,746 | D | |
| Class A common stock, par value $0.001F3 | Apr 5, 2018 | S | 4,201 | $57.49 | D | 10,545 | D | |
| Class A common stock, par value $0.001 | Apr 5, 2018 | M | 1,351 | $9.99 | A | 11,896 | D | |
| Class A common stock, par value $0.001 | Apr 5, 2018 | M | 965 | $9.33 | A | 12,861 | D | |
| Class A common stock, par value $0.001F4 | Apr 5, 2018 | S | 2,316 | $57.99 | D | 10,545 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $9.99 | Apr 5, 2018 | M | 7,852 | D | — | Sep 30, 2026 | Class A common stock | 7,852 | 31,410 | D |
| Stock Option (right to buy) | $9.33 | Apr 5, 2018 | M | 965 | D | Sep 13, 2017 | Sep 13, 2023 | Class A common stock | 965 | 0 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Christopherson on March 5, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.74 to $56.72, inclusive. The reporting person undertakes to provide to Floor & Decor Holdings, Inc., any security holder of Floor & Decor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.87 to $57.85, inclusive. The reporting person undertakes to provide to Floor & Decor Holdings, Inc., any security holder of Floor & Decor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.87 to $58.21, inclusive. The reporting person undertakes to provide to Floor & Decor Holdings, Inc., any security holder of Floor & Decor Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the range set forth in this footnote.
- F5The option vests in five equal annual installments. The first installment vested and became exercisable on September 30, 2017. The remaining four installments vest and become exercisable on September 30 of each of 2018, 2019, 2020 and 2021.