SEC Form 4 · accession 0000899243-17-012038
RH · RH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Boone
Officer — See Remarks
Period of report
May 4, 2017
Accepted (ET)
May 5, 2017 · 9:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528849
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 4, 2017 | M | 7,500 | — | A | 17,500 | 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 Unit (RSU)F1,F2 | — | May 4, 2017 | M | 7,500 | D | — | — | Common Stock | 7,500 | 42,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of RH common stock.
- F2On May 4, 2016, the reporting person was granted 50,000 restricted stock units. This restricted stock unit award will vest over five years, such that such units shall vest together with other restricted stock units held by the reporting person, as follows: 15% of the units will vest on each of the first and second anniversaries of the grant date, 20% of the units will vest on the third anniversary of the grant date, 25% of the units will vest on the fourth anniversary of the grant date, and the remaining 25% will vest on the fifth anniversary of the grant date, subject to continuous service.
Remarks
Co-President, Chief Financial and Administrative Officer