Form 4: Boot Barn CFO James Watkins Reports Stock Transactions

James Watkins, CFO of Boot Barn Holdings, reports acquisition of shares through PSU vesting and holdings of restricted stock units.

Summary

• On April 22, 2024, James M. Watkins, CFO & Secretary of Boot Barn Holdings, Inc., acquired 3,638 shares of common stock through the vesting of performance share units (PSUs).
• These PSUs were granted on May 14, 2021, under the company's 2020 Equity Incentive Plan.
• The price per share for the acquired shares was $0.
• Following the transaction, Watkins directly owns 13,957 shares of common stock, excluding shares subject to further vesting conditions.
• Watkins also holds 11,716 shares of common stock underlying restricted stock units that remain subject to time-based vesting as of April 22, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but the vesting of PSUs suggests the achievement of performance goals.

Positives

• The vesting of performance share units indicates that performance measures were met, which could be seen as a positive sign for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to executive compensation and equity awards.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates