SEC Form 4 · accession 0001209191-16-115256
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. · SPWH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevan P Talbot
Officer — CFO & Secretary
Period of report
Apr 16, 2016
Accepted (ET)
Apr 21, 2016 · 8:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001132105
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 16, 2016 | A | 21,700 | $0.00 | A | 396,007 | I | By The Kevan P. Talbot Revocable Trust |
| Common StockF2 | Apr 16, 2016 | A | 10,849 | $0.00 | A | 404,756 | I | By The Kevan P. Talbot Revocable Trust |
| Common StockF3 | holding | — | — | — | 15,000 | I | By Pit Stop Properties, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the grant of restricted stock by the Issuer to the Reporting Person on April 16, 2016. The restricted stock is scheduled to vest, subject to the Reporting Person's continued employment, as to one-third of the shares awarded on each of the first, second and third anniversaries of the grant date.
- F2Reflects the grant of restricted stock by the Issuer to the Reporting Person on April 16, 2016. The restricted stock is subject to performance-based vesting requirements determined with respect to the Issuer's performance during fiscal year 2016. The maximum number of shares subject to the award are reported in the table above and the "target" number of shares subject to the award is two-thirds of the maximum number reported. Following the end of the performance period, the number of shares eligible to vest, based on actual performance, will be between zero and the maximum number of shares reported. The shares eligible to vest based on performance will then vest, subject to the Reporting Person's continued employment, as to one-third of such shares following the end of the performance period and as to an additional one-third of such shares on each of the second and third anniversaries of the grant date.
- F3The Reporting Person, through his revocable trust, and his wife, through her revocable trust, are the sole general members of Pit Stop Properties, LLC (the "LLC"). The Reporting Person, his wife and four additional individuals have investor member interests in the LLC. The Reporting Person disclaims beneficial ownership of the common stock of the Issuer held by the LLC except to the extent of his pecuniary interest.