TARSHIS ANDREW 4

4 · Centric Brands Inc. · Filed Oct 31, 2019

Form 4

Period: 2019-10-29

Director

Transactions

Exercise/Conversion
Common Stock, par value $0.10 per share
2019-10-29+75,000→ 75,000 total
Tax Payment
Common Stock, par value $0.10 per share
2019-10-29$2.50/sh−23,479$58,698→ 51,521 total
Exercise/Conversion
Restricted Stock Units
2019-10-29−75,000→ 75,000 total
From: 2019-10-29Exp: 2019-10-29→ Common Stock, par value $0.10 per share (75,000 underlying)

Footnotes (3)

[F1]The reporting person previously received a grant of shares of Restricted Stock Units ("RSUs") that represented a contingent right to receive one share of the Company's common stock pursuant to the Centric Brands Inc (formerly Differential Brands Group Inc.) 2016 Stock Incentive Plan (the "Plan") and previously reported on Table II of a Form 4. These RSUs vested in accordance with the terms of the applicable RSU agreement and the Plan.
[F2]In accordance with the terms and conditions of the RSU agreement, and as permitted under the Plan, 1/2 of the shares vested and the Company withheld an equivalent amount of RSUs at fair market value to pay the minimum tax withholding requirements for the reporting person. There was no open market sale of common stock by the reporting person.
[F3]The remaining restricted stock units will vest on October 29, 2020.

Documents

1 file