SEC Form 4 · accession 0001209191-17-043678
WW INTERNATIONAL, INC. · WW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mindy F Grossman
Officer — President and CEO · Director
Period of report
Jul 5, 2017
Accepted (ET)
Jul 5, 2017 · 6:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000105319
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit AwardF1,F2 | $0.00 | Jul 5, 2017 | A | 47,928 | A | — | May 15, 2020 | Common Stock | 47,928 | 47,928 | D |
| Restricted Stock Unit AwardF1,F3 | $0.00 | Jul 5, 2017 | A | 200,000 | A | — | Jul 5, 2021 | Common Stock | 200,000 | 200,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $32.67 | Jul 5, 2017 | A | 300,000 | A | — | Jul 5, 2024 | Common Stock | 300,000 | 300,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $40.00 | Jul 5, 2017 | A | 500,000 | A | — | Jul 5, 2024 | Common Stock | 500,000 | 500,000 | D |
| Non-Qualified Stock Option (right to buy)F5,F4 | $60.00 | Jul 5, 2017 | A | 500,000 | A | — | Jul 5, 2024 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of common stock.
- F2Restricted Stock Units granted on July 5, 2017 will vest on the following schedule: one-third on May 15, 2018; one-third on May 15, 2019; and one-third on May 15, 2020.
- F3Restricted Stock Units granted on July 5, 2017 will vest on the following schedule: 25% on July 5, 2018; 25% on July 5, 2019; 25% on July 5, 2020; and 25% on July 5, 2021.
- F4Non-qualified stock options granted on July 5, 2017 will vest on the following schedule: 25% on July 5, 2018; 25% on July 5, 2019; 25% on July 5, 2020; and 25% on July 5, 2021.
- F5500,000 non-qualified stock options were granted outside of the Company's stock incentive plan and in reliance on the employment inducement exemption provided under the New York Stock Exchange Listed Company Manual Rule 303A.08.