4//SEC Filing
REVLON INC /DE/ 4
Accession 0001140361-17-016042
CIK 0000887921operating
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 9:35 AM ET
Size
7.3 KB
Accession
0001140361-17-016042
Insider Transaction Report
Form 4
GARCIA FABIAN T
DirectorPRESIDENT AND CEO
Transactions
- Tax Payment
Class A Common Stock, par value $0.01 per share
2017-04-15$25.95/sh−30,197$783,612→ 240,292 total - Award
Class A Common Stock, par value $0.01 per share
2017-04-15+270,489→ 270,489 total
Footnotes (2)
- [F1]Pursuant to Mr. Garcia's 3/27/16 employment agreement, on 4/15/17 he was granted 270,489 restricted shares of Revlon, Inc. Class A Common Stock, par value $0.01 per share, under the Fourth Amended and Restated Revlon, Inc. Stock Plan (the "Stock Plan"). Pursuant to his employment agreement, one-fifth of the restricted shares vested on the 4/15/17 grant date and the remaining restricted shares are scheduled to vest in equal amounts on each of 4/15/18, 4/15/19, 4/15/20 and 4/15/21, so long as Mr. Garcia remains employed with the Company on each applicable vesting date, subject to certain earlier vesting provisions.
- [F2]Mr. Garcia did not sell any of the 30,197 shares reported as disposed. Rather, this amount represents shares withheld by the Issuer for the payment of withholding taxes due upon the 4/15/17 vesting of 54,097 shares of the restricted stock that Mr. Garcia was granted on 4/15/17, pursuant to the terms of the Stock Plan. These withheld shares are not sold on the open market and become Revlon, Inc. treasury shares.
Documents
Issuer
REVLON INC /DE/
CIK 0000887921
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000887921
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 9:35 AM ET
- Size
- 7.3 KB