SEC Form 4 · accession 0001209191-17-029441
PERRY ELLIS INTERNATIONAL, INC · PERY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cory Shade
Officer — EVP, GC and Secretary
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 7:37 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 28, 2017 | F | 468 | $20.52 | D | 26,339 | D |
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 | 2,817 | 2,817 | D |
Explanation of responses
- F1Represents shares withheld to pay taxes resulting from vesting of restricted shares.
- F2Includes (i) 2,136 restricted shares granted under the Plan, which vest over three years beginning April 25, 2018; (ii) 4,271 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) 2,201 restricted shares granted under the Plan, which vest over two years beginning April 20, 2018; (iv) 6,603 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); and (v) 832 restricted shares granted under the Plan, which vest on April 22, 2018.
Remarks
References to the "Plan" in the footnotes mean the Company's 2015 Long-Term Incentive Compensation Plan and any predecessors to such Plan.