Form 4: 1-800 FLOWERS.COM Director Christina Shim Acquires Shares as Part of Compensation Package

Director Christina Shim acquired 12,150 shares of 1-800 FLOWERS.COM Class A Common Stock as part of her compensation package.

Summary

• Christina Shim, a director at 1-800 FLOWERS.COM, acquired 12,150 shares of Class A Common Stock on December 11, 2024.
• These shares were granted as part of her director compensation package.
• The shares were valued at $0 at the time of acquisition, as they are restricted shares.
• Following the transaction, Ms. Shim directly owns 19,553 shares of Class A Common Stock.
• The restricted shares vest on the first anniversary of the grant date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The compensation structure incentivizes long-term commitment from the director.

Industry Context

Director compensation through stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Granting restricted stock to directors is a standard practice across many publicly traded companies, including those in the e-commerce and retail sectors.
• Companies like Amazon, Etsy, and Wayfair also use stock-based compensation for their board members, often with similar vesting schedules.
• The value of the grant, $100,000, is within the typical range for director compensation at companies of similar size and market capitalization.

Stakeholder Impact

• The stock acquisition by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.
• The compensation structure incentivizes long-term commitment from the director, which can benefit the company.

Key Dates

Keywords

1-800 FLOWERS.COM, Director Compensation, Stock Acquisition, Class A Common Stock, Christina Shim, Restricted Shares, Director, FLWS