SEC Form 4 · accession 0001209191-17-052979
Destination Maternity Corp · DEST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Courtright
Other
Period of report
Sep 13, 2017
Accepted (ET)
Sep 15, 2017 · 4:27 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 | Sep 13, 2017 | S | 2,600 | $1.28 | D | 20,758 | 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)F2 | $3.515 | holding | — | — | — | — | Nov 19, 2018 | Common Stock | 200 | 200 | D |
| Stock Options (Right to Buy)F3 | $11.89 | holding | — | — | — | — | Jan 29, 2020 | Common Stock | 400 | 400 | D |
| Stock Options (Right to Buy)F4 | $22.13 | holding | — | — | — | — | Mar 3, 2021 | Common Stock | 600 | 600 | D |
| Stock Options (Right to Buy)F5 | $14.51 | holding | — | — | — | — | Nov 18, 2021 | Common Stock | 1,500 | 1,500 | D |
| Stock Options (Right to Buy)F6 | $19.89 | holding | — | — | — | — | Nov 16, 2022 | Common Stock | 2,000 | 2,000 | D |
| Stock Options (Right to Buy)F7 | $31.38 | holding | — | — | — | — | Nov 22, 2023 | Common Stock | 1,500 | 1,500 | D |
| Stock Options (Right to Buy)F8 | $14.30 | holding | — | — | — | — | Dec 5, 2024 | Common Stock | 7,980 | 7,980 | D |
| Stock Options (Right to Buy)F9 | $7.49 | holding | — | — | — | — | Mar 30, 2026 | Common Stock | 13,300 | 13,300 | D |
Explanation of responses
- F1Includes 7,358 shares of unvested restricted stock. This includes 375 shares from the November 22, 2013 grant of 1,500 shares, which shares vest in four (4) equal annual installments beginning on November 22, 2014; 1,995 shares from the December 5, 2014 grant of 3,990 shares, which shares vest in annual installments over a four (4) year period beginning on December 5, 2015 as follows: 997 shares vest on each of December 5, 2015 and December 5, 2017, and 998 shares vest on each of December 5, 2016 and December 5, 2018; 4,988 shares from the March 30, 2016 grant of 6,650 shares, which shares vest in annual installments over a four (4) year period beginning on March 30, 2017 as follows: 1,662 shares vest on each of March 30, 2017 and March 30, 2019, and 1,663 shares vest on each of March 30, 2018 and March 30, 2020. 2,714.7523 of these shares were purchased by the Reporting Person pursuant to the Issuer's Employee Stock Purchase Plan.
- F2On November 19, 2008, options to purchase 1,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in five (5) equal annual installments beginning on November 19, 2009. All of the remaining outstanding November 19, 2008 options are vested.
- F3On January 29, 2010, options to purchase 1,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in five (5) equal annual installments beginning on January 29, 2011. All of the remaining outstanding January 29, 2010 options are vested.
- F4On March 3, 2011, options to purchase 1,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in five (5) equal annual installments beginning on March 3, 2012. All of the remaining outstanding March 3, 2011 options are vested.
- F5On November 18, 2011, options to purchase 2,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on November 18, 2012. All of the remaining outstanding November 18, 2011 options are vested.
- F6On November 16, 2012, options to purchase 2,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on November 16, 2013. All of the outstanding November 16, 2012 options are vested.
- F7On November 22, 2013, options to purchase 1,500 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on November 22, 2014. 1,125 of the outstanding November 22, 2013 options are vested and 375 are unvested.
- F8On December 5, 2014, options to purchase 7,980 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on December 5, 2015. 3,990 of the outstanding December 5, 2014 options are vested and 3,990 are unvested.
- F9On March 30, 2016, options to purchase 13,300 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on March 30, 2017. 3,325 of the outstanding March 30, 2016 options are vested and 9,975 are unvested.