0000899243-21-028531.txt : 20210715 0000899243-21-028531.hdr.sgml : 20210715 20210715183835 ACCESSION NUMBER: 0000899243-21-028531 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210713 FILED AS OF DATE: 20210715 DATE AS OF CHANGE: 20210715 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RABINOVITCH MICHAEL CENTRAL INDEX KEY: 0001334770 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38417 FILM NUMBER: 211093698 MAIL ADDRESS: STREET 1: C/O MAYOR'S JEWELERS, INC. STREET 2: 14051 NORTHWEST 14TH STREET, SUITE 200 CITY: SUNRISE STATE: FL ZIP: 33323 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BurgerFi International, Inc. CENTRAL INDEX KEY: 0001723580 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 822418815 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: INTERNATIONAL, INC. U.S. STREET 2: HIGHWAY 1 CITY: NORTH PALM BEACH STATE: FL ZIP: 33408 BUSINESS PHONE: (305) 573-3900 MAIL ADDRESS: STREET 1: INTERNATIONAL, INC. U.S. STREET 2: HIGHWAY 1 CITY: NORTH PALM BEACH STATE: FL ZIP: 33408 FORMER COMPANY: FORMER CONFORMED NAME: Opes Acquisition Corp. DATE OF NAME CHANGE: 20171122 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-07-13 0 0001723580 BurgerFi International, Inc. BFI, BFIIW 0001334770 RABINOVITCH MICHAEL C/O BURGERFI INTERNATIONAL, INC., 105 U.S. HIGHWAY 1 NORTH PALM BEACH FL 33408 0 1 0 0 SVP and CFO Restricted Stock Units 2021-07-13 4 A 0 130000 0.00 A Common Stock 130000 130000 D Restricted Stock Units 2021-07-13 4 A 0 100000 0.00 A Common Stock 100000 230000 D Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock. July 13, 2021, the Reporting Person was granted 130,000 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan, which shall vest and be settled in shares of common stock in four annual installments of 25,000 restricted stock units, 30,000 restricted stock units, 35,000 restricted stock units and 40,000 restricted stock units beginning February 26, 2022, subject to the Reporting Person's achievement of certain key performance criteria and earlier vesting due to a change of control or certain termination or resignation events. July 13, 2021, the Reporting Person was granted 100,000 restricted stock units under the issuer's 2020 Omnibus Equity Incentive Plan, which shall vest and be settled in shares of common stock as follows: (i) 20,000 restricted stock units shall vest, if during calendar year 2021 the last reported closing price of the issuer's common stock for any twenty trading days within any consecutive thirty trading day period is greater than or equal to $19.00 per share; provided, however, that if the vesting condition is not achieved during calendar year 2021, such 20,000 restricted stock units shall roll over to calendar year 2022 and shall vest, if during calendar year 2022 the last reported closing price of the issuer's common stock for any twenty (20) trading days within any consecutive thirty (30) trading day period is greater than or equal to $19.00 per share; (ii) 20,000 restricted stock units shall vest, if during calendar year 2022 the last reported closing price of (Continued from footnote 3) the issuer's common stock for any twenty trading days within any consecutive thirty trading day period equals or exceeds $19.00 per share; (iii) 20,000 restricted stock units shall vest, if during calendar year 2023 the last reported closing price of the issuer's common stock for any twenty trading days within any consecutive thirty trading day period is greater than or equal to $22.00 per share; and (iv) 40,000 restricted stock units shall vest, if during calendar year 2024 the last reported closing price of the issuer's common stock for any twenty trading days within any consecutive thirty trading day period is greater than or equal to $25.00 per share, subject to earlier vesting due to a change of control or certain termination or resignation events; provided, that in no event shall the number of unearned restricted stock units that can vest in 2022 in connection with such termination events exceed 20,000 restricted stock units. /s/ Michael Rabinovitch 2021-07-15