SEC Form 4 · accession 0001192482-17-000091
FIVE BELOW, INC · FIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Vellios
Officer — Executive Chairman · Director
Period of report
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 7:54 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 StockF1 | Mar 20, 2017 | M | 103,013 | — | A | 792,411 | 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,F3 | — | Mar 20, 2017 | M | 103,013 | D | — | — | Common Stock | 103,013 | 128,766 | D |
Explanation of responses
- F1On March 20, 2017, the second tranche of the reporting person's 309,039 restricted stock units vested with respect to 103,013 shares of common stock.
- F2Each performance restricted stock unit represents the contingent right to receive one share of Five Below, Inc.'s common stock.
- F3As previously reported, on December 19, 2014, the reporting person was granted 309,039 restricted stock units vesting in three installments, the first of which vested on March 8, 2016, second of which vested on March 20, 2017, and the third of which will vest as of the last day of the Issuer's 2017 fiscal year, subject to the Issuer's achievement of specified levels of adjusted operating income and subject to retention and acceleration under certain circumstances.