SEC Form 4 · accession 0001209191-16-115369
PERRY ELLIS INTERNATIONAL, INC · PERY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oscar Feldenkreis
Officer — President and CEO · Director · 10% Owner
Period of report
Apr 20, 2016
Accepted (ET)
Apr 22, 2016 · 5:29 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 20, 2016 | A | 66,499 | $0.00 | A | 140,368 | D | |
| Common StockF3 | holding | — | — | — | 952,235 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 50,000 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 50,000 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 50,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Right | $28.38 | holding | — | — | — | Apr 11, 2012 | Apr 10, 2018 | Common Stock | 57,894 | 57,894 | D |
| Stock Appreciation Right | $24.93 | holding | — | — | — | Apr 19, 2011 | Apr 18, 2017 | Common Stock | 70,674 | 70,674 | D |
Explanation of responses
- F1Represents (i) 22,166 shares of restricted stock granted under the Issuer's 2015 Long-Term Incentive Compensation Plan (the "Plan"), the successor to the Second Amended and Restated 2005 Long-Term Incentive Compensation Plan (the "2005 Plan"), which vest in three equal annual installments commencing on April 20, 2017; and (ii) 44,333 shares of performance stock granted under the Plan, which vest up to 100% provided that certain performance goals have been achieved and the Reporting Person is still an employee of the Company as of the last day of fiscal 2019. With respect to the grant in (ii), the Reporting Person may be entitled to additional performance stock if the Company exceeds the performance goals.
- F2Includes (i) 22,166 shares of restricted stock granted under the Plan, which vest in three equal annual installments commencing on April 20, 2017; (ii) 44,333 shares of performance stock granted under the Plan, which vest up to 100% provided that certain performance goals have been achieved and the Reporting Person is still an employee of the Company as of the last day of fiscal 2019; (iii) 14,820 shares of restricted stock granted under the 2005 Plan, 4,940 shares of which vest on April 22, 2016, and 9,880 shares of which vest in two equal annual installments commencing on April 22, 2017; (iv) 41,500 shares of restricted stock granted under the 2005 Plan, which vest in two equal annual installments commencing on April 28, 2016; and (v) 17,549 shares of restricted stock granted under the 2005 Plan, which vest on April 30, 2016. With respect to the grant in (ii), the Reporting Person may be entitled to additional performance stock if the Company exceeds the performance goals.
- F3Owned by the Oscar Feldenkreis Revocable Trust UAD 05/06/11 (the "Trust"), of which the Reporting Person is Trustee.
- F4Owned by the Erica Feldenkreis 2012 Irrevocable Trust UAD 10/17/12, of which the Reporting Person's spouse is the Trustee.
- F5Owned by the Jennifer Feldenkreis 2012 Irrevocable Trust UAD 10/17/12, of which the Reporting Person's spouse is the Trustee.
- F6Owned by the Stephanie Feldenkreis 2012 Irrevocable Trust UAD 10/17/12, of which the Reporting Person's spouse is the Trustee.