SEC Form 4 · accession 0000899243-15-006389
VINCE HOLDING CORP. · VNCE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa Wallace
Officer — See Remarks
Period of report
Oct 2, 2015
Accepted (ET)
Oct 6, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579157
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $26.14 | Oct 2, 2015 | D | 66,655 | D | — | Jan 1, 2025 | Common Stock | 66,655 | 0 | D |
| Employee Stock Option (right to buy)F1,F3 | $3.60 | Oct 2, 2015 | A | 66,655 | A | — | Oct 2, 2025 | Common Stock | 66,655 | 66,655 | D |
Explanation of responses
- F1On October 2, 2015, Vince Holding Corp. (the "Company") cancelled, pursuant to the terms of its option exchange program, an option to receive 66,655 shares of the Company's common stock (the "Original Options") previously granted to the reporting person on January 1, 2015 (the "Original Grant Date"). In exchange, on the same date (the "New Grant Date"), the reporting person was granted a replacement option to receive the same number of shares of the Company's common stock (the "Replacement Options") with an exercise price of $3.60 per share.
- F2Prior to cancellation, the Original Options were scheduled to vest over the course of three years from the Original Grant Date, with 33.3% of the Original Options vesting on each of the first, second and third anniversaries of the Original Grant Date.
- F3The Replacement Options vest over the course of four years from the New Grant Date, with 25% of the Replacement Options vesting on each of the first, second, third and fourth anniversaries of the New Grant Date.
Remarks
Senior Vice President - Human Resources. Exhibit 24 - Power of Attorney