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Hillman Solutions Corp. — Director's Dealing 2024
Mar 1, 2024
31768_dirs_2024-03-01_c243544e-5bf5-4002-93b3-8ce2f4df0084.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Hillman Solutions Corp. (HLMN)
CIK: 0001822492
Period of Report: 2024-02-28
Reporting Person: Seeds Gary (EVP, Sales and Field Service)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-28 | Common Stock | M | 163975 | $6.07 | Acquired | 458697 | Direct |
| 2024-02-28 | Common Stock | S | 163975 | $9.53 | Disposed | 294722 | Direct |
| 2024-02-29 | Common Stock | M | 53699 | $6.07 | Acquired | 348421 | Direct |
| 2024-02-29 | Common Stock | S | 53699 | $9.683 | Disposed | 294722 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-28 | Stock Options | $6.07 | M | 163975 | Disposed | 2024-07-01 | Common Stock (163975) | Direct |
| 2024-02-29 | Stock Options | $6.07 | M | 53699 | Disposed | 2024-07-01 | Common Stock (53699) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $9.50 to $9.62, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2: This transaction was executed in multiple trades at prices ranging from $9.61 to $9.74, inclusive. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: The option was granted on 7/1/2014. Half of the shares underlying the option vested in four equal annual installments beginning on the first anniversary of the date of grant subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The other half of the shares underlying the option vest based on the achievement of performance criteria. The option exercise reported on this form involved the options with time based vesting. The unexercised options that remain outstanding vest upon achievement of performance criteria.