0001857853-24-000009.txt : 20240207 0001857853-24-000009.hdr.sgml : 20240207 20240207183133 ACCESSION NUMBER: 0001857853-24-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240206 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ANDRUS JEREMY CENTRAL INDEX KEY: 0001523496 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40694 FILM NUMBER: 24606242 MAIL ADDRESS: STREET 1: C/O TRAEGER STREET 2: 1215 E. WILMINGTON AVENUE, SUITE 200 CITY: SALT LAKE CITY STATE: UT ZIP: 84106 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Traeger, Inc. CENTRAL INDEX KEY: 0001857853 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD APPLIANCES [3630] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 822739741 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 533 SOUTH 400 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84101 BUSINESS PHONE: 801-701-7180 MAIL ADDRESS: STREET 1: 533 SOUTH 400 WEST CITY: SALT LAKE CITY STATE: UT ZIP: 84101 FORMER COMPANY: FORMER CONFORMED NAME: TGPX Holdings I LLC DATE OF NAME CHANGE: 20210420 4 1 wk-form4_1707348682.xml FORM 4 X0508 4 2024-02-06 0 0001857853 Traeger, Inc. COOK 0001523496 ANDRUS JEREMY C/O TRAEGER, INC. 533 SOUTH 400 WEST SALT LAKE CITY UT 84101 1 1 0 0 Chief Executive Officer 0 Common Stock 2024-02-06 4 A 0 2075456 0 A 6813875 D Common Stock 3399002 I By JA Cropston, LLC Common Stock 5422908 I By JK Andrus Investments, LLC Represents an award of shares of performance-based restricted stock (the "Performance Shares") pursuant to a Performance-Based Restricted Stock Agreement, between the Issuer and the Reporting Person. The Performance Shares are eligible to be earned upon the achievement of Adjusted EBITDA goals during the fiscal year ending December 31, 2024. If the Adjusted EBITDA goal is achieved, the earned Performance Shares will vest on March 31, 2025. If the target Adjusted EBITDA goal is not achieved, then the Performance Shares instead will become eligible to be earned based on the achievement of a stock price of $18.00 per share for the period beginning on January 1, 2025 and ending on August 2, 2031. (continued from footnote 1) If the stock price goal is achieved, the earned Performance Shares will vest on the later of March 31, 2025 and the date on which the stock price goal is achieved. The vesting of the Performance Shares is in all cases subject to the Reporting Person's continued service as the Issuer's chief executive officer or executive chairman of its board of directors. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. /s/ Courtland Astill, Attorney-in-fact 2024-02-07