SEC Form 4 · accession 0001382963-17-000042
GNC HOLDINGS, INC. · GNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guru Ramanathan
Officer — SVP, Chief Innovation Officer
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001502034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 22, 2017 | A | 10,941 | $0.00 | A | 45,012 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2,F3 | $7.99 | Feb 22, 2017 | A | 26,571 | A | — | Feb 22, 2027 | Common Stock | 26,571 | 26,571 | D |
| Performance Share UnitsF4 | — | Feb 22, 2017 | A | 14,588 | A | — | Dec 31, 2019 | Common Stock | 14,588 | 14,588 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") granted under the Issuer's 2015 Stock and Incentive Plan, each of which represents a contingent right to receive one share of the Issuer's Class A Common Stock, par value $.001 per share (the "Common Stock"). The RSUs vest in three equal installments on each February 22, 2018 through 2020, provided that the holder thereof remains employed by the Issuer on the relevant vesting date.
- F2Based on the February 22, 2017 closing price for a share of the Common Stock on the New York Stock Exchange.
- F3The options, which were granted under the Issuer's 2015 Stock and Incentive Plan, vest in four equal installments on each February 22, 2018 through 2021, provided that the holder thereof remains employed by the Issuer on the relevant vesting date.
- F4Each performance share unit represents a contingent right granted under the Issuer's 2015 Stock and Incentive Plan to receive one share of the Issuer's Common Stock. The performance share units vest dependent upon the Issuer's total shareholder return.