SEC Form 4 · accession 0001483510-16-000195
EXPRESS, INC. · EXPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Weiss
Director
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 5:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001483510
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1,F2 | Mar 22, 2016 | S | 50,000 | $21.07 | D | 1,413,374 | D | |
| Common Stock, par value $0.01F3 | holding | — | — | — | 334,729 | I | By the Michael A. Weiss Trust Agreement Gamma #5 | |
| Common Stock, par value $0.01 | holding | — | — | — | 7 | I | By the Declaration of Trust of Arlene Weiss |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Price represents a weighted average. Shares were sold at prices ranging from $21.00 to $21.13. Upon the request by the SEC staff, the Issuer, or a security holder of the Issuer, the reporting person will provide the full information about the number of shares sold at each separate price.
- F2Total includes 1,401,460 shares that are held by the Declaration of Trust of Michael A. Weiss (the M. Weiss Trust). The M. Weiss Trust is a revocable trust of which Mr. Weiss is the trustee and sole beneficiary. Accordingly, these shares are reported as being held directly by Mr. Weiss.
- F3This trust is a grantor retained annuity trust for the benefit of Mr. Weiss and his descendants. Mr. Weiss is not the trustee of the trust and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.