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Traeger, Inc. Director's Dealing 2022

Sep 2, 2022

33822_dirs_2022-09-02_170ec78c-4f0a-476c-ac4e-78eaa0c6e44c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Traeger, Inc. (COOK)
CIK: 0001857853
Period of Report: 2022-08-02

Reporting Person: ANDRUS JEREMY (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-08-02 Common Stock M 518864 Acquired 8387213 Direct
2022-08-31 Common Stock M 518864 Acquired 8906077 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-08-02 Performance-Based Restricted Stock Unit $ M 518864 Disposed 2031-08-02 Common Stock (518864.0) Direct
2022-08-31 Performance-Based Restricted Stock Unit $ M 518864 Disposed 2031-08-02 Common Stock (518864.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3890913 Indirect

Footnotes

F1: Relates to the vesting of the first half of the first tranche on August 2, 2022 of Performance-Based Restricted Stock Units ("PSUs") that were previously earned under the stock price performance criteria.

F2: Relates to the accelerated vesting of the second half of the first tranche of PSUs that were previously earned under the stock price performance criteria. These earned PSUs were scheduled to vest on August 2, 2023, but their vesting was accelerated pursuant to a letter agreement between the reporting person and the Issuer.

F3: The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

F4: Each PSU represents a contingent right to receive one share of the Issuer's Common Stock to the extent earned based on satisfying the stock price performance criteria and subject to time-based vesting.