SEC Form 4 · accession 0001209191-17-033971
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
May 19, 2017
Accepted (ET)
May 19, 2017 · 5:05 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 | May 19, 2017 | S | 1,802 | $19.34 | D | 86,362 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes (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) 50,000 restricted shares granted under the Plan, which vest over two years beginning September 9, 2017.
Remarks
References to the "Plan" in the footnote mean the Company's 2015 Long-Term Incentive Compensation Plan and any predecessors to such Plan.