Sequential Brands Group, Inc. 4
4 · Sequential Brands Group, Inc. · Filed Mar 16, 2017
Insider Transaction Report
Form 4
SHMIDMAN YEHUDA
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2017-03-14$3.54/sh+102,683$363,498→ 403,360 total - Award
Common Stock
2017-03-14+180,000→ 506,043 total
Footnotes (3)
- [F1]Represent performance stock units granted under the Sequential Brands Group Inc. 2013 Stock Incentive Plan (the "PSUs"). The vesting of the PSUs was subject to certain performance targets not tied to the market price of the Company's shares and discretionary approval by the Compensation Committee. The Compensation Committee approved the vesting of the PSUs, for performance metrics achieved and on a discretionary basis, pending the confirmation of Sequential Brands Group, Inc. results through the filing of the Company's 2016 Annual Report on Form 10-K which occurred on March 14, 2017.
- [F2]The shares reported in column 4 represent shares withheld solely for tax purposes in connection with vesting of the PSUs.
- [F3]Closing market price of the common stock of the Company on the transaction date.