SEC Form 4 · accession 0001179110-17-009485
RTW Retailwinds, Inc. · RTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grace Nichols
Director
Period of report
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 6:18 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 | Jun 20, 2017 | A | 27,985 | $1.34 | A | 331,011 | D | |
| Common StockF2,F3 | Jun 20, 2017 | A | 27,985 | $0.00 | A | 358,996 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On June 20, 2017, the reporting person was awarded restricted stock which vests on June 1, 2018.
- F2On June 20, 2017, the reporting person was granted an award of performance-based restricted stock that vests subject to the Company achieving target operating income for the period July 30, 2017 through February 3, 2018 ("Fall 2017") and continuation as a member of the Company's Board of Directors through June 1, 2018. Any earned shares will vest on June 1, 2018. All 27,985 performance-based shares will be cancelled if the Company does not achieve the target operating income goal for Fall 2017.
- F3Includes 303,026 shares of common stock; 27,985 shares of restricted stock which vest on June 1, 2018; and 27,985 shares of performance-based restricted stock as described in footnote (2) above.