SEC Form 4 · accession 0001179110-15-000066
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, 2014
Accepted (ET)
Jan 2, 2015 · 4:29 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 SharesF2,F3 | Dec 30, 2014 | S | 5,000 | $20.28 | D | 669,302 | D | |
| Common SharesF2,F3 | Dec 31, 2014 | S | 5,000 | $20.37 | D | 664,302 | D | |
| Common SharesF1 | holding | — | — | — | 9,696,465 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares in column 5 represent shares beneficially owned by Michael C. Ray, including 885,996 shares held by the Michael Ray 2009 Grantor Retained Annuity Trust, of which his spouse serves as sole trustee, and 8,810,469 shares held by the Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust. Mr. Ray disclaims beneficial ownership of and pecuniary interest in all of these shares.
- F2These shares were sold pursuant to a written plan dated March 24, 2014 as specified in Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F3The price reported in column 4 is a weighted average price. The shares sold on December 30, 2014 were sold in multiple transactions at prices ranging from $20.05 to $20.68, inclusive. The shares sold on December 31, 2014 were sold in multiple transactions at prices ranging from $20.25 to $20.44, inclusive. The reporting person undertakes to provide Vera Bradley, Inc., any security holder of Vera Bradley, Inc., 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 range set forth in the footnote.