SEC Form 4 · accession 0000899243-16-010624
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
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 4:05 pm EST
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 StockF2,F3 | Dec 30, 2015 | S | 3,000 | $16.09 | D | 540,862 | D | |
| Common StockF2,F3 | Dec 31, 2015 | S | 3,000 | $16.01 | D | 537,862 | D | |
| Common StockF1 | holding | — | — | — | 8,643,303 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares in column 5 include 885,996 shares of the Issuer's common stock held by the Michael Ray 2009 Grantor Retained Annuity Trust (the "Ray Trust"), 7,410,469 shares held by the Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust (the "Baekgaard Trust"), 300,000 shares held by the Anne-Marie Ray 2015 Grantor Retained Annuity Trust (the "Anne-Marie Trust") and 46,838 shares held by the Barbara Bradley Baekgaard Family Foundation (the "Foundation"). The reporting person disclaims beneficial ownership of the Issuer's shares held by the Ray Trust, the Baekgaard Trust, the Anne-Marie Trust and the Foundation.
- F2The sales reported in this Form 4 were effected under a Rule 10b5-1 trading plan dated March 25, 2015.
- F3The prices reported in column 4 are weighted average prices. The shares sold on December 30, 2015 were sold in multiple transactions at prices ranging from $15.97 to $16.26, inclusive. The shares sold on December 31, 2015 were sold in multiple transactions at prices ranging from $15.86 to $16.13, inclusive. The reporting person undertakes to provide 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 ranges set forth in this footnote.