SEC Form 4 · accession 0001483510-17-000027
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 14, 2017
Accepted (ET)
Mar 16, 2017 · 5:07 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 14, 2017 | A | 24,894 | $0.00 | A | 181,540 | 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 | $9.42 | Mar 14, 2017 | A | 22,893 | A | — | Mar 14, 2027 | Common Stock, par value $0.01 | 22,893 | 22,893 | D |
Explanation of responses
- F1These 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, 2018, April 15, 2019, April 15, 2020, and April 15, 2021.
- F2One-quarter of the stock options vest on each of the following dates: April 15, 2018, April 15, 2019, April 15, 2020, and April 15, 2021.