SEC Form 4 · accession 0001483510-16-000215
EXPRESS, INC. · EXPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Rafferty
Officer — EVP - Planning and Allocation
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 5:51 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 | Mar 30, 2016 | A | 14,693 | $0.00 | A | 161,373 | D | |
| Common Stock, par value $0.01F2 | Mar 30, 2016 | A | 11,589 | $0.00 | A | 172,962 | 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)F3 | $21.14 | Mar 30, 2016 | A | 11,053 | A | — | Mar 30, 2026 | Common Stock, par value $0.01 | 11,053 | 11,053 | D |
Explanation of responses
- F1Includes restricted stock units that are settled in common stock upon vesting. One-half of the restricted stock units vest on each of the following dates: April 15, 2016 and April 15, 2017.
- F2These shares represent restricted stock units that are to be settled in common stock upon vesting. One-quarter of the restricted stock units vest on each of the following dates: April 15, 2017, April 15, 2018, April 15, 2019, and April 15, 2020.
- F3One-quarter of the stock options vest on each of the following dates: April 15, 2017, April 15, 2018, April 15, 2019, and April 15, 2020.