SEC Form 4 · accession 0001722123-18-000032
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
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 3:19 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 | Apr 17, 2018 | M | 2,680 | $0.00 | A | 115,222 | D | |
| Common Stock | Apr 17, 2018 | F | 1,216 | $32.12 | D | 114,006 | D | |
| Common Stock | Apr 17, 2018 | M | 2,800 | $0.00 | A | 116,806 | D | |
| Common Stock | Apr 17, 2018 | F | 1,270 | $32.12 | D | 115,536 | 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 | — | Apr 17, 2018 | M | 2,680 | D | — | Mar 15, 2019 | Common Stock | 2,680 | 0 | D |
| Restricted Stock UnitsF1 | — | Apr 17, 2018 | M | 2,800 | D | — | Mar 20, 2021 | Common Stock | 2,800 | 5,600 | 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' 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.