SEC Form 4 · accession 0001209191-16-111805
Destination Maternity Corp · DEST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Romano
Officer — Chief Executive Officer · Director
Period of report
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 6:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896985
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 30, 2016 | A | 27,537 | $0.00 | A | 62,163 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F4 | $7.49 | Mar 30, 2016 | A | 132,170 | A | — | Mar 30, 2026 | Common Stock | 132,170 | 132,170 | D |
| Stock Options (Right to Buy)F2 | $19.75 | holding | — | — | — | — | Aug 11, 2024 | Common Stock | 34,729 | 34,729 | D |
| Stock Options (Right to Buy)F3 | $14.30 | holding | — | — | — | — | Dec 5, 2024 | Common Stock | 177,618 | 177,618 | D |
Explanation of responses
- F1This includes 10,443 shares of restricted stock issued to the Reporting Person by the issuer on August 11, 2014, which shares vest in four (4) annual installments beginning on August 11, 2015 as follows: 2,610 shares vest on August 11, 2015, and 2,611 shares vest on each of August 11, 2016, August 11, 2017, and August 11, 2018; 19,183 shares of restricted stock issued to the Reporting Person by the Issuer on December 5, 2014, which shares vest in four (4) annual installments beginning on December 5, 2015 as follows: 4,795 shares vest on December 5, 2015, and 4,796 shares vest on each of December 5, 2016, December 5, 2017, and December 5, 2018; and 27,537 shares of restricted stock issued to the Reporting Person by the Issuer on March 30, 2016, which shares vest in four (4) annual installments beginning on March 30, 2017 as follows: 6,884 shares vest on each of March 30, 2017, March 30, 2018 and March 30, 2019, and 6,885 shares vest on March 30, 2020.
- F2On August 11, 2014, options to purchase 34,729 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on August 11, 2015 as follows: 8,682 shares vest on each of August 11, 2015, August 11, 2016 and August 11, 2017, and 8,683 shares vest on August 11, 2018. 8,682 of the outstanding August 11, 2014 options are vested and 26,047 are unvested.
- F3On December 5, 2014, options to purchase 177,618 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on December 5, 2015 as follows: 44,404 options vest on each of December 5, 2015 and December 5, 2017, and 44,405 options vest on each of December 5, 2016 and December 5, 2018. 44,404 of the outstanding December 5, 2014 options are vested and 133,214 are unvested.
- F4On March 30, 2016, options to purchase 132,170 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on March 30, 2017 as follows: 33,042 options vest on each of March 30, 2017 and March 30, 2019, and 33,043 options vest on each of March 30, 2018 and March 30, 2020. All March 30, 2016 options are unvested.