SEC Form 4 · accession 0001722123-18-000022
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 20, 2018
Accepted (ET)
Mar 22, 2018 · 7:05 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 Stock | Mar 20, 2018 | A | 8,401 | $0.00 | A | 110,844 | 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 UnitsF1 | — | Mar 20, 2018 | A | 8,400 | A | — | Mar 20, 2021 | Common Stock | 8,400 | 8,400 | D |
| Restricted Stock UnitsF2 | — | Mar 20, 2018 | A | 8,401 | A | — | Mar 20, 2021 | Common Stock | 8,401 | 8,401 | 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.
- 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 achieving various levels of profitability.