SEC Form 4 · accession 0000844143-16-000010
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
Jan 28, 2016
Accepted (ET)
Sep 30, 2016 · 4:13 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 | Jan 28, 2016 | F | 989 | $5.70 | D | 5,493 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In accordance with the terms of the Amended and Restated 20014 Stock Incentive Plan and the RSU agreement between the Company and the Reporting Person, the remaining grant of RSUs held by the Reporting Person accelerated vesting in connection with the consummation of the merger with RG Parent LLC and the Company. As a result, the Company withheld an equivalent amount of RSUs at fair market value to pay the minimum tax withholding requirements for the Reporting Person.