SEC Form 4 · accession 0001192482-18-000133
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, 2018
Accepted (ET)
Mar 22, 2018 · 6:53 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, 2018 | M | 128,766 | $0.00 | A | 778,604 | D | |
| Common Stock | Mar 20, 2018 | F | 59,163 | $68.98 | D | 719,441 | 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, 2018 | M | 128,766 | D | — | — | Common Stock | 128,766 | 0 | D |
Explanation of responses
- F1On March 20, 2018, the third and final tranche of the reporting person's 309,039 restricted stock units vested with respect to 128,766 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, subject to the Issuer's achievement of specified levels of adjusted operating income and subject to retention and acceleration under certain circumstances. The first installment vested on March 8, 2016, the second installment vested on March 20, 2017, and the third installment vested on March 20, 2018.