SEC Form 4 · accession 0001498301-16-000216
Ascena Retail Group, Inc. · ASNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elliot S Jaffe
Officer — Chairman · Director
Period of report
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 6:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001498301
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Dec 8, 2016 | M | 24,603 | — | A | 1,093,267 | D | |
| CommonF2,F3 | Dec 12, 2016 | S | 9,150 | $7.6114 | D | 1,084,117 | D | |
| CommonF4 | holding | — | — | — | 862,938 | I | See Footnote (4) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F1,F6 | — | Dec 8, 2016 | M | 16,010 | D | — | — | Common | 16,010 | 0 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 1,667 | D | — | — | Common | 1,667 | 0 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 2,917 | D | — | — | Common | 2,917 | 2,916 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 2,916 | D | — | — | Common | 2,916 | 0 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 364 | D | — | — | Common | 364 | 729 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 364 | D | — | — | Common | 364 | 365 | D |
| Restrcited Stock UnitsF7,F1,F6 | — | Dec 8, 2016 | M | 365 | D | — | — | Common | 365 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Shares sold to pay taxes due upon vesting of restricted stock units.
- F3This transaction was executed in multiple trades ranging from $7.60 to $7.64 The price reported above reflects the weighted average sale price. Detailed information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, the issuer or a security holder of the issuer.
- F4Shares are held by Roslyn Jaffe, Mr. Jaffe's wife. Mr. Jaffe disclaims beneficial ownership of these shares.
- F5Granted under the Company's 2016 Omnibus Incentive Plan.
- F6Effective December 8, 2016, the Compensation and Stock Incentive Committee of the Board of Directors accelerated the vesting of the Restricted Stock Units in connection with the reporting person's retirement as the Non-Executive Chairman of the Board of Directors pursuant to the Company's 2010 Stock Incentive Plan and 2016 Omnibus Incentive Plan.
- F7Granted under the Company's 2010 Stock Incentive Plan.