Rabin Jason 4
4 · Centric Brands Inc. · Filed Jan 3, 2020
Insider Transaction Report
Form 4
Rabin Jason
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.10 per share
2019-12-31+1,230,000→ 4,588,000 total - Exercise/Conversion
Restricted Stock Units
2019-12-31−1,230,000→ 2,870,000 totalFrom: 2019-12-31Exp: 2019-12-31→ Common Stock, par value $0.10 per share (1,230,000 underlying)
Footnotes (2)
- [F1]The reporting person previously received an inducement grant of 4,100,000 Restricted Stock Units ("RSUs") each representing a contingent right to receive one share of common stock of Centric Brands Inc. and previously reported on Table II of a Form 4. These RSUs vested in accordance with the terms of the inducement grant.
- [F2]The remaining RSUs received in the inducement grant will vest as follows: (i) 1,230,000 RSUs will vest on December 31, 2020; and (ii) 1,640,000 RSUs will vest on December 31, 2021, respectively.