4//SEC Filing
PRUTHI ANURUP 4
Accession 0001104659-19-061275
CIK 0000844143other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 8:06 PM ET
Size
9.5 KB
Accession
0001104659-19-061275
Insider Transaction Report
Form 4
PRUTHI ANURUP
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.10 per share
2019-11-05+200,000→ 200,000 total - Tax Payment
Common Stock, par value $0.10 per share
2019-11-05$2.50/sh−40,764$101,910→ 159,236 total - Exercise/Conversion
Restricted Stock Units
2019-11-05−200,000→ 400,000 totalFrom: 2019-11-05Exp: 2019-11-05→ Common Stock, par value $0.10 (200,000 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 an inducement grant from Centric Brands Inc. (the "Company") and previously reported on Table II of a Form 4. These RSUs vested in accordance with the terms of the applicable RSU agreement.
- [F2]In accordance with the terms and conditions of the RSU agreement, 1/3 of the shares vested and the Company withheld an equivalent amount of RSUs at fair market value to pay the certain 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 November 5, 2020 and 2021, respectively.
Documents
Issuer
Centric Brands Inc.
CIK 0000844143
Entity typeother
Related Parties
1- filerCIK 0001626350
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 8:06 PM ET
- Size
- 9.5 KB