SEC Form 4 · accession 0000899243-15-003670
ANN INC. · ANN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Muto
Officer — President, ANN INC. Brands
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874214
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 18, 2015 | A | 9,824 | — | A | 264,920 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents performance-vesting restricted stock that has been earned by the executive pursuant to performance-based awards made to him in March 2013, March 2014 and March 2015. These shares are scheduled to vest in March 2016 if the executive remains employed by the Company on those dates. All shares of outstanding restricted stock will fully vest and be settled for merger consideration in connection with the transaction contemplated by the Agreement and Plan of Merger, dated as of May 17, 2015, by and among ANN INC., ascena retail group, inc. and Avian Acquisition Corp.
- F2Includes holdings of approximately 10,272 shares in the Company's Associate Discount Stock Purchase Plan.