SEC Form 4 · accession 0001192482-17-000089
FIVE BELOW, INC · FIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel D Anderson
Officer — President and CEO
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 7:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 20, 2017 | M | 20,929 | $0.00 | A | 100,277 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | Mar 20, 2017 | M | 26,162 | D | — | — | Common Stock | 20,929 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of Five Below, Inc.'s common stock.
- F2The number reflected in Table II above represents the maximum number of shares the reporting person was eligible to receive pursuant to the restricted stock unit award dated July 21, 2014, which provided that the reporting person was eligible to receive from 0%-150% of the target number of performance restricted stock awards, 17,441. Based on the level of attainment of the associated performance goal, the reporting person vested with respect to 20,929 shares of Five Below, Inc. common stock, and the remaining restricted stock units were canceled.
- F3The restricted stock units vest at the end of a three-year period subject to the Company's achievement of specified adjusted operating income.