SEC Form 4 · accession 0001510192-16-000118
Francesca's Holdings CORP · FRAN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Kunes
Officer — Interim CEO and President · Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 13, 2016 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001399935
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 13, 2016 | P | 20,000 | $10.56 | A | 20,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $10.44 | Jun 10, 2016 | A | 76,628 | A | — | Jun 9, 2026 | Common Stock | 76,628 | 76,628 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.52 to $10.66, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2This stock option was granted on June 10, 2016 and vests in full on the first anniversary of the award date, subject to the Reporting Person's continued service with the Issuer. However, if the Reporting Person ceases serving as Interim CEO of the Issuer prior to the vesting date, the number of shares subject to the option will be reduced on a prorated basis to reflect the portion of the one-year vesting period the Reporting Person served as Interim CEO (plus credit for an additional 30 days), and the remainder of the option will be cancelled.