Blue Bird Corp — Director's Dealing 2021

Mar 16, 2021

SEC Form 4/A — Form 4/A

Issuer: Blue Bird Corp (BLBD)
CIK: 0001589526
Period of Report: 2020-12-11

Reporting Person: Jenkins Charles R III (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-11	Common Stock, par value $0.0001 per share	D	212	$18.10	Disposed	22356	Direct
2020-12-11	Common Stock, par value $0.0001 per share	D	319	$16.99	Disposed	22037	Direct
2020-12-11	Common Stock, par value $0.0001 per share	D	752	$20.26	Disposed	21285	Direct
2020-12-11	Common Stock, par value $0.0001 per share	F	1736	$16.20	Disposed	19549	Direct
2020-12-11	Common Stock, par value $0.0001 per share	A	11285	$16.20	Acquired	30834	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-11	Stock Option (right to buy)	$18.1	A	1951	Acquired	2027-12-10	Common Stock (1951.0)	Direct
2020-12-11	Stock Option (right to buy)	$16.99	A	2944	Acquired	2028-12-10	Common Stock (2944.0)	Direct
2020-12-11	Stock Option (right to buy)	$20.26	A	2319	Acquired	2029-12-11	Common Stock (2319.0)	Direct
2020-12-11	Stock Option (right to buy)	$16.2	A	5787	Acquired	2030-12-10	Common Stock (5787.0)	Direct

Footnotes

F1: This amended Form 4 corrects the amount of securities beneficially owned by the reporting person as identified in column 5 of Table I

F2: The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.

F3: The RSU's vest 1/3 on each of the dates December 11, 2021, December 11, 2022 and December 11, 2023 subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award. Any downward adjustments shall not reduce the number of RSU's that vest below 50% of the amount(s) granted.

F4: On December 11, 2017, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.

F5: On December 11, 2018, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.

F6: On December 11, 2019, the reporting person was granted an option to purchase 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. Although the performance criteria for fiscal 2020 was not met, the Compensation Committee vested the number of options reported under its discretionary authority.

F7: Award represents one option grant which vests over a three year period in equal installments (12/11/2021, 12/11/2022, 12/11/2023).