SEC Form 3 · accession 0000874841-16-000132
PACIFIC SUNWEAR OF CALIFORNIA INC · PSUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernie Sibal
Officer — VP, Chief Financial Officer
Period of report
Apr 22, 2016
Accepted (ET)
May 18, 2016 · 2:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874841
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 67,372 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $1.29 | holding | — | — | — | Nov 17, 2015 | Nov 17, 2018 | Common Stock | 1,000 | — | D |
Explanation of responses
- F1Includes 55,000 shares subject to restricted stock awards previously granted to the reporting person. Each restricted stock award represents a contingent right to receive one share of the issuer's common stock. Each award vests over a four year period, with 25% of the shares vesting one year from the grant date and 25% of the shares vesting on each succeeding anniversary until all shares have vested.
- F2Grant of non-qualified stock option which vested over a four year period, with 25% of the shares vesting one year from the grant date and 25% of the shares vesting on each succeeding anniversary until all shares have vested.