Blue Bird Corp — Director's Dealing 2023

Jun 7, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Blue Bird Corp (BLBD)
CIK: 0001589526
Period of Report: 2023-05-31

Reporting Person: Smith Britton (President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.0001 per share	27928	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$12.35	2032-12-12	Common Stock (9343)		Direct

Footnotes

F1: The total is comprised of 2,508 shares of Blue Bird Corporation common stock and grants of 25,420 restricted stock units ("RSUs"), with each RSU representing a contingent right to receive one share of the common stock of Blue Bird Corporation, that vest as follows: 11,250 RSUs vest in three equal installments effective July 1, 2023, July 1, 2024 and July 1, 2025; 8,097 RSUs vest in three equal installments effective December 12, 2023, December 12, 2024 and December 12, 2025; and 6,073 RSUs vest in three equal installments effective December 12, 2023, December 12, 2024 and December 12, 2025, subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Performance bonus award with any such adjustments not reducing the number of RSU's that vest below 50% of the amount(s) granted.

F2: Award represents one stock option grant that vests in three equal installments effective December 12, 2023, December 12, 2024, and December 12, 2025.