SEC Form 4 · accession 0001209191-18-024870
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
Apr 12, 2018
Accepted (ET)
Apr 13, 2018 · 6:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579157
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1,F2 | Apr 12, 2018 | A | 8,743 | $0.00 | A | 8,743 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units that were granted to the Reporting Person on April 12, 2018, pursuant to the Vince 2013 Omnibus Incentive Plan. The restricted stock units convert into shares of common stock of Vince Holding Corp. on a one-for-one basis and are solely settled in common stock upon vesting. The restricted stock units vest in the following manner: 25% on April 19, 2019, 25% on April 17, 2020, 25% on April 16, 2021, and 25% on April 15th, 2022, in each case subject to the Reporting Person's continued employment with the Company through each such vesting date.
- F2At the close of business on October 23, 2017, the Company effected a 1-for-10 reverse stock split (the "Reverse Stock Split"). The Company's common stock began trading on a split-adjusted basis when the market opened on October 24, 2017. Pursuant to the Reverse Stock Split, every 10 shares of the Company's issued and outstanding common stock were automatically converted into one share of common stock. All references to our common stock provided in this report have been adjusted to reflect the effect of the Reverse Stock Split.
Remarks
Senior Vice President, Human Resources