SEC Form 4 · accession 0001192482-17-000313
FIVE BELOW, INC · FIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric M Specter
Officer — Chief Administrative Officer
Period of report
Dec 14, 2017
Accepted (ET)
Dec 15, 2017 · 4:14 pm EST
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 | Dec 14, 2017 | M | 7,193 | $28.58 | A | 13,883 | D | |
| Common StockF1 | Dec 14, 2017 | S | 7,193 | $67.08 | D | 6,690 | D | |
| Common Stock | Dec 14, 2017 | M | 7,807 | $35.27 | A | 14,497 | D | |
| Common StockF1 | Dec 14, 2017 | S | 7,807 | $67.08 | D | 6,690 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $28.58 | Dec 14, 2017 | M | 7,193 | D | — | Mar 10, 2025 | Common Stock | 7,193 | 7,193 | D |
| Stock Option (right to buy)F3 | $35.27 | Dec 14, 2017 | M | 7,807 | D | — | Jul 28, 2024 | Common Stock | 7,807 | 7,807 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.93 to $67.21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F250% of the option grant vested and became exercisable on March 10, 2017, and the remaining 50% will vest and become exercisable in 25% increments on the third and fourth anniversaries of the vesting commencement date, subject to the reporting person's continued employment.
- F350% of the option grant vested and became exercisable on July 28, 2016, 25% of the option grant vested and became exercisable on July 28, 2017 and the remaining 25% will vest and become exercisable on July 28, 2018, subject to the reporting person's continued employment.