Filing Details

Accession Number:
0001179110-20-009800
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-15 19:06:02
Reporting Period:
2020-09-12
Accepted Time:
2020-09-15 19:06:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1528930 Franchise Group Inc. FRG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1455976 Randall Brian Kahn 1716 Corporate Landing Parkway
Virginia Beach VA 23454
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-09-12 1,816 $0.00 178,189 No 4 M Direct
Common Stock Disposition 2020-09-12 443 $25.87 177,746 No 4 F Direct
Common Stock Acquisiton 2020-09-15 149,785 $24.99 327,531 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2020-09-12 1,816 $0.00 1,816 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock.
  2. The restricted stock unit award was granted on September 12, 2019 and vested in full on September 12, 2020.
  3. Represents the conversion upon vesting of restricted stock units into Common Stock. On September 12, 2019, the reporting person was granted 1816 restricted stock units, of which all of the shares subject to the restricted stock units vested on September 12, 2020. Such restricted stock units were previously reported in Table II on the Form 4/A filed with the Securities and Exchange Commission on September 18, 2019.
  4. Reflects 443 shares withheld by Issuer at market price of $25.87 per share to fund the payment of taxes for the conversion.
  5. On September 15, 2020, in connection with a private sale transaction, joint tenants associated with the Reporting Person purchased 149,785 shares of Issuer's common stock at a per share price of $24.99. The Reporting Person disclaims beneficial ownership of the shares reported herein except to the extent of any pecuniary interest therein.