SEC Form 4 · accession 0001498301-17-000084
Ascena Retail Group, Inc. · ASNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian E Lynch
Officer — President & COO
Period of report
Sep 27, 2017
Accepted (ET)
Sep 28, 2017 · 5:30 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Common | holding | — | — | — | 38,779 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Sep 27, 2017 | A | 1,000,000 | A | — | — | Common | 1,000,000 | 1,000,000 | D |
| Option To BuyF1,F4 | $2.37 | Sep 27, 2017 | A | 360,825 | A | Sep 27, 2018 | Sep 27, 2024 | Common | 360,825 | 360,825 | D |
Explanation of responses
- F1Granted under the Company's 2016 Omnibus Incentive Plan.
- F2Restricted stock units convert into common stock on a one-for-one basis.
- F3On September 27, 2017, the reporting person was granted 1,000,000 restricted stock units, vesting 50% on June 30, 2019 and 50% on June 30, 2020.
- F4Vests in two annual installments beginning on the first anniversary of the grant date.