Sec Form 3 Filing - Taylor Jeffery L @ Blue Bird Corp - 2020-06-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Taylor Jeffery L
2. Issuer Name and Ticker or Trading Symbol
Blue Bird Corp [ BLBD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
3920 ARKWRIGHT ROAD, SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
06/01/2020
(Street)
MACON, GA31210
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 7,500 ( 1 ) ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 11.35 12/11/2020 05/01/2030 Common Stock, par value $0.0001 2,500 ( 3 ) D
Stock Option (right to buy) $ 11.35 12/11/2021 05/01/2030 Common Stock, par value $0.0001 1,250 ( 3 ) D
Stock Option (right to buy) $ 11.35 12/11/2022 05/01/2030 Common Stock, par value $0.0001 1,250 ( 3 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Taylor Jeffery L
3920 ARKWRIGHT ROAD
SUITE 200
MACON, GA31210
Chief Financial Officer
Signatures
/s/ Paul Yousif as attorney-in-fact 06/02/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock of Blue Bird Corporation.
( 2 )(a) 2,500 RSUs vest on December 11, 2020 (b) 2,500 RSUs vest one half on December 11, 2021 and the other half on December 11, 2022 and (c) 2,500 RSUs vest one half on December 11, 2021 and the other half on December 11, 2022, subject to downward adjustments consistent with each respective fiscal year's actual percentage payout of the Management Incentive Plan (MIP) bonus award
( 3 )Represents a single option grant under the 2015 Amended and Restated Omnibus Equity Incentive Plan effective May 1, 2020. Stock options will vest according to the schedule in this form.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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