Boot Barn Holdings, Inc. — Director's Dealing 2021

Aug 27, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Boot Barn Holdings, Inc. (BOOT)
CIK: 0001610250
Period of Report: 2021-08-25

Reporting Person: Conroy James Grant (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-25	Common Stock	M	20000	$6.15	Acquired	34958	Direct
2021-08-25	Common Stock	S	20000	$89.3602	Disposed	14958	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-25	Options	$6.15	M	20000	Disposed	2025-06-05	Common Stock (30602)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	42765	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$20.94	2030-05-21	Common Stock (29217)	29217	Direct
Options	$23.92	2026-05-24	Common Stock (26278)	26278	Direct
Options	$24.08	2030-05-21	Common Stock (31184)	31184	Direct
Options	$28.63	2029-05-20	Common Stock (18880)	18880	Direct
Options	$28.63	2029-05-20	Common Stock (227273)	227273	Direct

Footnotes

F1: Reflects the weighted average price of sales on August 25, 2021. The shares were sold in multiple transactions at prices ranging from $88.26 to $90.46, inclusive. The reporting person undertakes to provide to Boot Barn Holdings, Inc., any security holder of Boot Barn 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 within such range.

F2: Consists of the number of shares of common stock held by the reporting person as of August 25, 2021 that are not subject to further vesting conditions.

F3: Consists of the total number of shares of common stock underlying restricted stock units held by the reporting person as of August 25, 2021 that remain subject to time-based vesting.

F4: The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a five-year period in equal annual installments on each anniversary of the grant date.

F5: The Options were granted under the Company's 2014 Equity Incentive Plan and are subject to vesting over a four-year period in equal annual installments on each anniversary of the grant date.

F6: The Options were granted under the Company's 2014 Equity Incentive Plan and will vest on May 20, 2023, subject to earlier vesting in connection with death, disability or a change in control. Vesting criteria relating to targeted trading prices have been satisfied.