SEC Form 4 · accession 0001209191-17-053724

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

Sep 21, 2017

Accepted (ET)

Sep 22, 2017 · 4:41 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 Stock^F1	Sep 21, 2017	S	3,812	$21.55	D	26,740	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	9,688	9,688	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

Explanation of responses

F1Includes (i) 2,730 restricted shares granted under the Plan, which vest over three years beginning April 25, 2018; (ii) 5,458 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) 3,069 restricted shares granted under the Plan, which vest over two years beginning April 20, 2018; (iv) 9,206 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) 1,055 restricted shares granted under the Plan, which vest on April 22, 2018.

Remarks

References to the "Plan" in the footnotes mean the Company's Amended and Restated 2015 Long-Term Incentive Compensation Plan and any predecessors to such Plan.