4//SEC Filing
Lal Tarun 4
Accession 0000950170-25-098512
CIK 0001525769other
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 7:55 PM ET
Size
15.1 KB
Accession
0000950170-25-098512
Insider Transaction Report
Form 4
Lal Tarun
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2025-07-22$31.26/sh+8,060$251,916→ 8,060 total - Award
Stock Option (Right to Buy)
2025-07-15+124,766→ 124,766 totalExercise: $32.06Exp: 2035-07-15→ Common Stock (124,766 underlying) - Award
Stock Option (Right to Buy)
2025-07-15+31,191→ 31,191 totalExercise: $32.06Exp: 2035-07-15→ Common Stock (31,191 underlying) - Award
Stock Option (Right to Buy)
2025-07-15+83,177→ 83,177 totalExercise: $48.09Exp: 2035-07-15→ Common Stock (83,177 underlying) - Award
Stock Option (Right to Buy)
2025-07-15+124,766→ 124,766 totalExercise: $32.06Exp: 2035-07-15→ Common Stock (124,766 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $30.93 to $31.51, inclusive. The reporting person undertakes to provide the Registrant, any security holder of the Registrant or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in this footnote (1) to this Form 4.
- [F2]The option vests in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.
- [F3]The option will become earned in full on the first date occurring before February 1, 2028 on which the 60-day trailing volume weighted average price ("VWAP") of the Issuer's common stock is equal to or greater than the exercise price multiplied by 2 (the "2X Attainment Date"). Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 2X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.
- [F4]The option will become earned in full on the date occurring before February 1, 2028 on which the 60-day trailing VWAP of the Issuer's common stock is equal to or greater than the exercise price multiplied by 3 (the "3X Attainment Date"). Thereafter, this option will vest in full during the period beginning on the first anniversary and ending on the second anniversary of the 3X Attainment Date, based on the Issuer's 60-day trailing VWAP performance during such period and subject to certain terms and conditions specified in the applicable award agreement.
- [F5]The option will become earned in full if the Reporting Person purchases varioius tranches of shares of the Issuer's common stock valued at $1,000,000 (in total) on the open market at various times occurring on and prior to December 31, 2026. Provided such purchases are made, this option will vest over three years in equal installments on July 15, 2026, 2027 and 2028, subject to the Reporting Person's continued employment through the applicable vesting date.
Documents
Issuer
Dave & Buster's Entertainment, Inc.
CIK 0001525769
Entity typeother
Related Parties
1- filerCIK 0002078197
Filing Metadata
- Form type
- 4
- Filed
- Jul 23, 8:00 PM ET
- Accepted
- Jul 24, 7:55 PM ET
- Size
- 15.1 KB