4/A//SEC Filing
Rabin Jason 4/A
Accession 0000844143-19-000007
CIK 0000844143other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 8:27 PM ET
Size
7.7 KB
Accession
0000844143-19-000007
Insider Transaction Report
Form 4/AAmended
Rabin Jason
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2019-10-03+500,000→ 500,000 total→ Common Stock, par value $0.10 per share (500,000 underlying)
Holdings
- 3,358,000
Common Stock, par value $0.10 per share
Footnotes (3)
- [F1]33.33% of the restricted stock units ("RSUs") will vest on each of October 3, 2020, 2021 and 2022, subject, in each case, to Mr. Rabin's continued employment with Centric Brands Inc., a Delaware corporation (the "Company") through the applicable vesting date; provided, if Mr. Rabin's employment is terminated by the Company without "cause" (and not due to his death or disability) or by him for "good reason" (each such term as defined in his employment agreement with the Company) then any unvested portion of the RSUs will accelerate and become fully vested on the date of termination. (continued on Footnote 2)
- [F2]Any vested RSUs will be settled through the issuance of common stock, par value $0.10 per share (the "Common Stock") promptly following the applicable vesting date; provided that in the event of the termination of Mr. Rabin's employment without cause or for good reason, the settlement will take place on the date that is thirty (30) days following the date of termination.
- [F3]This amendment reflects the agreement of Mr. Rabin to void and rescind, nunc pro tunc, 210,600 RSUs previously granted on October 3, 2019. 500,000 RSUs granted on such date remain outstanding subject to the terms described above.
Documents
Issuer
Centric Brands Inc.
CIK 0000844143
Entity typeother
Related Parties
1- filerCIK 0001756798
Filing Metadata
- Form type
- 4/A
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 8:27 PM ET
- Size
- 7.7 KB