SEC Form 4 · accession 0001209191-16-114582
PERRY ELLIS INTERNATIONAL, INC · PERY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis S Paez
Officer — Chief Information Officer
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 5:08 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 | Apr 14, 2016 | D | 5,530 | $0.00 | D | 11,943 | D | |
| Common StockF3,F2 | Apr 15, 2016 | F | 330 | $18.46 | D | 11,613 | 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 | $4.63 | holding | — | — | — | Mar 18, 2010 | Mar 17, 2019 | Common Stock | 19,688 | 19,688 | D |
| Stock Appreciation Right | $18.19 | holding | — | — | — | Mar 19, 2013 | Mar 18, 2019 | Common Stock | 7,369 | 7,369 | D |
| Stock Appreciation Right | $28.38 | holding | — | — | — | Apr 11, 2012 | Apr 10, 2018 | Common Stock | 4,785 | 4,785 | D |
| Stock Appreciation Right | $24.93 | holding | — | — | — | Apr 19, 2011 | Apr 18, 2017 | Common Stock | 5,807 | 5,807 | D |
Explanation of responses
- F1Reflects the vesting in part and forfeiture in part of performance stock awarded pursuant to a grant made in April 2013 under the Perry Ellis International, Inc. Second Amended and Restated 2005 Long-Term Incentive Compensation Plan, which has been amended and restated as the 2015 Long-Term Incentive Compensation Plan (the "Plan"), which was forfeited on April 14, 2016, as the Company did not meet the applicable performance goals.
- F2Includes (i) 3,165 shares of restricted stock granted under the Plan, which vest in three equal annual installments commencing on April 22, 2016; (ii) 5,316 shares of restricted stock granted under the Plan, which vest in two equal annual installments commencing on April 28, 2016; and (iii) 2,248 shares of restricted stock granted under the Plan, which vest on April 30, 2016.
- F3Represents shares withheld to pay taxes resulting from vesting of performance stock.