SEC Form 4 · accession 0000899243-17-007050
ICONIX BRAND GROUP, INC. · ICON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David K. Jones
Officer — See Remarks
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 7:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000857737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 7, 2017 | A | 4,562 | $0.00 | A | 65,659 | D | |
| Common Stock | Mar 7, 2017 | F | 1,649 | $7.52 | D | 64,010 | D | |
| Common Stock | Mar 7, 2017 | A | 26,593 | $7.52 | A | 90,603 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These represent shares underlying Performance Stock Units ("PSUs") that were granted to the reporting person pursuant to the terms of his employment agreement with the issuer and a related PSU Agreement. On March 7, 2017 these shares were determined to have been earned and they vested on such date.
- F2Represents surrender of shares to the issuer in payment of tax liability incident to the vesting of PSUs.
- F3These represent shares underlying Restricted Stock Units ("RSUs") that were granted to the reporting person pursuant to a long-term incentive plan approved by the Company in March 2017. The RSUs vest in installments of 8,865,8,864 and 8,864 on March 30, 2018, March 30, 2019 and March 30, 2020, respectively (each a "Time Vesting Date"), subject to the reporting person's continuous employment with the issuer through each respective Time Vesting Date and subject to the terms of the RSU Agreement between the issuer and the reporting person.
Remarks
EVP and Chief Financial Officer