SEC Form 4 · accession 0001589526-18-000110

Blue Bird Corp · BLBD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and CEO · Director

Period of report

Dec 11, 2018

Accepted (ET)

Dec 13, 2018 · 9:41 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001589526

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock, par value $0.0001 per share	Dec 11, 2018	D	4,834	$0.00	D	300,261	D
Common Stock, par value $0.0001 per share	Dec 11, 2018	F	6,417	$0.00	D	293,844	D
Common Stock, par value $0.0001 per share^F1,F2	Dec 11, 2018	A	61,801	$0.00	A	355,645	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$18.10	Dec 11, 2018	A	14,875	A	Dec 11, 2018	Dec 11, 2027	Common Stock	14,875	14,875	D

F1The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock, par value $0.0001 (the "Common Stock"), of Blue Bird Corporation (the "Company").
F2The RSU's vest 1/3 on December 11, 2019, 1/3 on December 11, 2020 and 1/3 on December 11, 2021 subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award.
F3On December 11, 2017, the reporting person was granted an option to purchase 59,500 shares of common stock, which vests over a three year period in equal installments based on satisfaction of certain performance criteria for each of the applicable fiscal years. The performance criteria for fiscal 2018 was partially met, resulting in the vesting of the options in 5. (A).