SEC Form 4 · accession 0001209191-18-025193
TAILORED BRANDS INC · TLRD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce K Thorn
Officer — President & COO
Period of report
Apr 13, 2018
Accepted (ET)
Apr 17, 2018 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884217
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2018 | F | 651 | $28.55 | D | 158,910 | D | |
| Common StockF2 | Apr 13, 2018 | A | 16,812 | $0.00 | A | 175,722 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $28.55 | Apr 13, 2018 | A | 31,026 | A | — | Apr 13, 2028 | Common Stock | 31,026 | 31,026 | D |
Explanation of responses
- F1Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 1,882 restricted stock units granted to the reporting person on June 29, 2015.
- F2Deferred stock units covering such shares were granted to the reporting person and vest at a rate of 33-1/3% per year on each of April 13, 2019, 2020 and 2021.
- F3The grant vests, and will become exercisable, at a rate of 33-1/3% per year on each of April 13, 2019, 2020 and 2021.