SEC Form 4 · accession 0000844143-15-000004
Centric Brands Inc. · CTRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hamish Sandhu
Officer — Chief Financial Officer
Period of report
Jun 18, 2015
Accepted (ET)
Jun 22, 2015 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844143
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 18, 2015 | F | 16,137 | $0.20 | D | 211,016 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person previously received a grant of shares of Restricted Stock Units ("RSUs") that represented a contingent right to receive one share of the Company's common stock pursuant to the Company's various stock incentive plans and previously reported as acquired on Table I of a Form 4. In accordance with the terms of the respective RSU agreement, 1/8 of those shares vested and the Company withheld an equivalent amount of RSUs at fair market value to pay the minimum tax withholding requirements for the reporting person.
- F2Includes shares of restricted stock units previously reported on Table I that are subject to vesting requirements.