Seipel Kenneth Duane 4
4 · Citi Trends Inc · Filed Nov 20, 2024
Insider Transaction Report
Form 4
Citi Trends IncCTRN
Seipel Kenneth Duane
Director
Transactions
- Award
Common Stock
2024-11-18+80,000→ 373,056 total - Award
Common Stock
2024-11-18+321,502→ 694,558 total
Footnotes (2)
- [F1]Reflects time-based restricted stock that vests in equal annual installments on the first three anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer or service on the Issuer's board of directors.
- [F2]Reflects performance-based restricted stock which may be earned based on the average closing price of the Issuer's common stock equaling or exceeding six specific stock price hurdles for 45 consecutive trading days during a three-year performance period and will vest over a four-year service period, subject to the reporting person's continued service as Chief Executive Officer or as a member of the Issuer's board of directors.