SEC Form 4 · accession 0000899243-15-000448
Vera Bradley, Inc. · VRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C. Ray
10% Owner
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495320
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Jul 1, 2015 | J | 200,000 | $0.00 | D | 9,496,465 | I | See footnote |
| Common Shares | holding | — | — | — | 627,462 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Constitutes 8,610,469 shares of the Issuer's common stock held by The Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust (the "Trust") and 885,996 shares of the Issuer's common stock held by the Michael Ray 2009 Grantor Retained Annuity Trust (the "Ray Trust"), of which his spouse serves as sole trustee and, together with the members of his family, also is a beneficiary. The Trust distributed 50,000 shares of the Issuer's common stock to each of its four beneficiaries in accordance with the terms of the documents governing the Trust. Mr. Ray disclaims beneficial ownership of the Issuer's shares held by the Ray Trust and the Trust, except to the extent of his pecuniary interest therein.