SEC Form 4 · accession 0000899243-17-007051
ICONIX BRAND GROUP, INC. · ICON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John N Haugh
Officer — President and CEO · Director
Period of report
Feb 22, 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 | Feb 22, 2017 | F | 52,199 | $9.18 | D | 256,238 | D | |
| Common Stock | Mar 7, 2017 | A | 49,824 | $7.52 | A | 306,062 | D | |
| Common Stock | Mar 7, 2017 | A | 97,508 | $7.52 | A | 403,570 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents surrender of shares in the amount of 41,687 and 10,512, respectively, to the issuer in payment of tax liability incident to the vesting of two separate grants of restricted stock.
- F2These represent shares underlying Performance Stock Units ("PSUs") that were granted to the reporting person pursuant to the terms of a long-term incentive plan adopted by the Company in March 2016 (the "2016 LTIP). On March 7, 2017 these shares were determined to have been earned and automatically converted to Restricted Stock Units ("RSUs") per the terms of the reporting person's PSU Agreement with the issuer.
- F3These represent shares underlying RSUs that were granted to the reporting person pursuant to a long-term incentive plan approved by the Company in March 2017 (the "2017 LTIP"). The RSUs vest in installments of 32,503, 32,503 and 32,502 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
President and Chief Executive Officer