SEC Form 4 · accession 0001603662-19-000007
Citi Trends Inc · CTRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce D Smith
Officer — CEO and COO · Director
Period of report
Mar 12, 2019
Accepted (ET)
Mar 14, 2019 · 1:28 pm EDT
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 StockF1 | Mar 12, 2019 | A | 12,196 | $0.00 | A | 120,245 | 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 | — | Mar 12, 2019 | A | 12,195 | A | — | Mar 12, 2022 | Common Stock | 12,195 | 12,195 | D |
| Restricted Stock UnitsF3 | — | Mar 12, 2019 | A | 12,195 | A | — | Mar 12, 2022 | Common Stock | 12,195 | 12,195 | D |
Explanation of responses
- F1Amount reflects (i) a reduction of 7,482 shares that were transferred pursuant to a domestic relations order since the reporting person's last Form 4, and (ii) a correction to the previously reported amount that was inadvertently over stated by five shares.
- F2Each 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.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of Citi Trends Common Stock. The Restricted Stock Units vest upon Citi Trends achieving various levels of profitability.