SEC Form 4 · accession 0000899243-17-022011
PERRY ELLIS INTERNATIONAL, INC · PERY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stanley P Silverstein
Officer — Pres-Int'l Dev & Global Lic
Period of report
Sep 11, 2017
Accepted (ET)
Sep 13, 2017 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000900349
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1,F2 | Sep 11, 2017 | F | 9,243 | $21.97 | D | 77,119 | D | |
| Common stockF2 | Sep 12, 2017 | S | 13,507 | $22.11 | D | 63,612 | D | |
| Common stockF2 | Sep 12, 2017 | G | 2,250 | $0.00 | D | 61,362 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to pay taxes resulting from vesting of restricted shares.
- F2Includes (i) 3,399 restricted shares granted under the Plan, which vest over three years beginning April 25, 2018; (ii) 13,585 performance shares granted under the Plan, which vest up to 100% if certain performance goals are met on the last day of fiscal 2020 (and the Reporting Person may be entitled to additional performance shares if the Company exceeds the performance goals); (iii) 2,545 restricted shares granted under the Plan, which vest over two years beginning April 20, 2018; (iv) 15,275 performance shares granted under the Plan, which vest up to 100% if certain performance goals are met on the last day of fiscal 2019 (and the Reporting Person may be entitled to additional performance shares if the Company exceeds the performance goals); (v) 1,558 restricted shares granted under the Plan, which vest on April 22, 2018; and (vi) 25,000 restricted shares granted under the Plan, which vest on September 9, 2018.
Remarks
References to the "Plan" in the footnote mean the Company's 2015 Long-Term Incentive Compensation Plan and any predecessors to such Plan.