SEC Form 4 · accession 0001603662-17-000023
Citi Trends Inc · CTRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce D Smith
Officer — Acting CEO,COO and CFO
Period of report
Dec 18, 2017
Accepted (ET)
Dec 20, 2017 · 11:20 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001318484
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 18, 2017 | M | 2,497 | $0.00 | A | 105,131 | D | |
| Common Stock | Dec 18, 2017 | F | 1,198 | $27.52 | D | 103,933 | D | |
| Common Stock | Dec 19, 2017 | M | 2,672 | $0.00 | A | 106,605 | D | |
| Common Stock | Dec 19, 2017 | F | 1,282 | $27.19 | D | 105,323 | 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,F1 | — | Dec 18, 2017 | M | 2,497 | D | — | Mar 14, 2020 | Common Stock | 2,497 | 4,994 | D |
| Restricted Stock UnitsF2,F1 | — | Dec 19, 2017 | M | 2,672 | D | — | Mar 15, 2019 | Common Stock | 2,672 | 5,345 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Citi Trends common stock. The Restricted Stock Units vest upon Citi Trends' common stock achieving various market prices.
- F2Includes restricted stock units that the reporting person has accrued through dividend equivalent rights following the grant of the original award.