4//SEC Filing
Greben Randy J 4
Accession 0000883569-25-000026
CIK 0000883569other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 5:20 PM ET
Size
8.1 KB
Accession
0000883569-25-000026
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2025-04-15+150,000→ 150,000 total - Award
Performance Stock Units
2025-04-15+105,000→ 105,000 total→ Common Stock (105,000 underlying)
Footnotes (3)
- [F1]Restricted Stock Units that shall become vested and convertible into shares of Common Stock as to 1/3 on 4/15/26; as to 1/3 on 4/15/27; and as to 1/3 on 4/15/28, cumulatively.
- [F2]Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Fossil Group, Inc. (the Issuer) common stock (the Common Stock).
- [F3]On April 15, 2025, the Issuer granted 70,000 PRSUs to the reporting person under the Issuers 2024 Long-Term Incentive Plan. These PRSUs will vest into shares of Common Stock of the Issuer on a 1-for-1 basis yearly, in three equal installments. Each yearly vest is subject to an increase in the number of shares to be issued based on the average fair market value of a share of the Common Stock over the last thirty consecutive trading days of the most recent calendar year prior to the vesting date. If the average fair market value is between $3.50 to $4.99, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 20%. If the average fair market value is between $5.00 and $6.49, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 30%. If the average fair market value is $6.50 or above, the number of shares issued upon an annual vesting of PRSUs will be increased by 50%.
Documents
Issuer
Fossil Group, Inc.
CIK 0000883569
Entity typeother
Related Parties
1- filerCIK 0001839017
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 5:20 PM ET
- Size
- 8.1 KB