SEC Form 4 · accession 0000899243-18-011709
RH · RH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DeMonty Price
Officer — See Remarks
Period of report
May 4, 2018
Accepted (ET)
May 7, 2018 · 8:30 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,F3 | May 4, 2018 | M | 1,500 | — | A | 39,008 | D | |
| Common Stock | May 4, 2018 | F | 501 | $100.84 | D | 38,507 | 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)F3,F1,F2 | — | May 4, 2018 | M | 1,500 | D | — | — | Common Stock | 1,500 | 17,000 | 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 20,000 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: 7.5% 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, and 32.5% of the units will vest on the fourth and fifth anniversaries of the grant date, subject to continuous service.
- F3Inadvertent errors were made disclosing the incorrect vesting schedule in a Form 4 filed on May 6, 2016 and the incorrect vesting schedule and vested shares in a Form 4 filed on May 5, 2017, which resulted in an incorrect amount of shares beneficially owned being reported in Section 16 filings subsequent to May 5, 2017. The vesting schedule and share amounts reported herein correct such errors.
Remarks
President, Chief Operating, Service & Values Officer