SEC Form 4 · accession 0001144204-17-018656
Sequential Brands Group, Inc. · SQBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen Murray
Officer — Chief Executive Officer · Director
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 7:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001648428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2017 | J | 25,615 | $3.90 | A | 25,615 | D | |
| Common StockF2 | Apr 3, 2017 | A | 100,000 | $0.00 | A | 125,615 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $3.85 to $3.98. The reporting person undertakes to provide to Sequential Brands Group, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares bought at each separate price within the ranges set forth in footnote (1) to this Form 4. Ms. Murray's employment with the Company began April 3, 2017.
- F2Ms. Murray was awarded 100,000 restricted stock units ("RSUs"), par value $0.01, of Sequential Brands Group, Inc. in connection with her employment agreement. The RSUs will vest as follows: 33,333 shares on April 3, 2018, 33,333 on April 3, 2019 and 33,334 shares on April 3, 2020.