SEC Form 4 · accession 0001140361-15-012349
REVLON INC /DE/ · REV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lorenzo Delpani
Officer — President & CEO · Director
Period of report
Mar 15, 2015
Accepted (ET)
Mar 17, 2015 · 7:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887921
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 per shareF1 | Mar 15, 2015 | F | 27,563 | $35.64 | D | 300,952 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Delpani did not sell any of the 27,563 reported shares. Rather, this amount represents shares withheld by the Issuer for the payment of certain withholding taxes due upon the 3/15/15 vesting of 65,703 of the 328,515 shares of restricted stock that Mr. Delpani was granted on 8/6/14, pursuant to the terms of the Fourth Amended and Restated Revlon, Inc. Stock Plan. These withheld shares are not sold on the open market and become Revlon, Inc. treasury shares. The remaining restricted shares granted to Mr. Delpani are scheduled to vest in equal installments on 3/15/16, 3/15/17, 3/15/18 and 3/15/19, subject to certain terms and conditions.