SEC Form 4 · accession 0001179110-16-022042
RTW Retailwinds, Inc. · RTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J Scott
Officer — Chief Executive Officer · Director
Period of report
Mar 17, 2016
Accepted (ET)
Mar 21, 2016 · 9:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001211351
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 17, 2016 | D | 400,000 | $0.00 | D | 268,780 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the cancellation of 400,000 shares of performance-based restricted stock. Based on the Company's fiscal year 2015 operating results which were publicly announced on March 17, 2016, it was determined that no performance-based restricted stock would vest and that all 400,000 shares would be cancelled.
- F2Includes 68,780 shares of common stock; 100,000 shares of restricted stock which vest on August 26, 2016; and 100,000 shares of restricted stock which vest on August 25, 2017.