Floor & Decor CFO exercises 1,159 stock options
Floor & Decor Holdings, Inc. executive vice president and chief financial officer Bryan Langley exercised expiring stock options to acquire 1,159 shares of Class A common stock at $9.99 per share.
Rhea-AI Filing Summary
Floor & Decor Holdings, Inc. executive vice president and chief financial officer Bryan Langley exercised expiring stock options to acquire 1,159 shares of Class A common stock at $9.99 per share. According to the filing, this was a cash exercise with no subsequent sale of the underlying shares, so it increased his direct equity stake. Following the transaction, he directly owns 43,175 shares of Class A common stock. The stock options, which vested in five equal annual installments each September 30 from 2017 through 2021, now show zero remaining balance after this exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 1,159 | $0.00 | $0.00 |
| Exercise | Class A common stock, par value $0.001 | 1,159 | $9.99 | $12K |
Footnotes (2)
- F1. This transaction involved a cash exercise of expiring stock options without a subsequent sale of the underlying shares of common stock
- F2. The option vested in five equal annual installments. The five installments vested on September 30 of each of 2017, 2018, 2019, 2020 and 2021.
Key Figures
Key Terms
cash exercise financial
Stock Options (right to buy) financial
derivative exercise/conversion financial
vested in five equal annual installments financial
FAQ
What did Floor & Decor (FND) CFO Bryan Langley report in this Form 4?
What type of transaction is reported for Floor & Decor (FND) CFO in this Form 4?
At what price were Bryan Langley’s Floor & Decor (FND) options exercised?
When did the exercised Floor & Decor (FND) options vest and expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.