[Form 3] Simply Good Foods Co Initial Statement of Beneficial Ownership
Simply Good Foods Co (SMPL) executive Michael L. Clawson, the Chief Commercial Officer, reported beneficial ownership of 32,620 shares of common stock. This total includes 28,177 time-based restricted stock units (RSUs) granted under the company’s 2017 Omnibus Incentive Plan, each representing the right to receive one share of common stock if conditions are met.
Of these RSUs, 4,881 vest in two substantially equal annual installments beginning on October 14, 2026, 4,008 vest in two substantially equal annual installments beginning on November 8, 2026, and 19,288 vest in three substantially equal annual installments beginning on November 8, 2026, in each case subject to Mr. Clawson’s continuous service with the company.
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FAQ
What insider position is disclosed for SMPL in this filing?
The filing shows Michael L. Clawson, the Chief Commercial Officer of Simply Good Foods Co (SMPL), reporting his beneficial ownership of company stock.
How many SMPL common shares does Michael L. Clawson beneficially own?
Michael L. Clawson reports beneficial ownership of 32,620 shares of Simply Good Foods common stock, including both stock and RSUs.
How many SMPL restricted stock units (RSUs) does Michael L. Clawson hold?
He holds 28,177 time-based restricted stock units (RSUs) granted under the company’s 2017 Omnibus Incentive Plan, each representing the right to receive one share of common stock.
What is the vesting schedule for Michael L. Clawson’s SMPL RSUs?
Of the 28,177 RSUs, 4,881 vest in two substantially equal annual installments beginning on October 14, 2026, 4,008 vest in two substantially equal annual installments beginning on November 8, 2026, and 19,288 vest in three substantially equal annual installments beginning on November 8, 2026, subject to his continuous service.
Does this SMPL insider filing report any derivative securities like options or warrants?
The filing’s derivative securities table is present but shows no specific options, warrants, or other derivative securities listed for Michael L. Clawson.
Is Michael L. Clawson’s ownership in SMPL direct or indirect?
The 32,620 shares of common stock are reported as held with direct (D) ownership.