Hoffman Kelly 4
4 · Centric Brands Inc. · Filed Oct 31, 2018
Insider Transaction Report
Form 4
Hoffman Kelly
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.10 per share
2018-10-29+12,886→ 89,090 total - Exercise/Conversion
Restricted Stock Units
2018-10-29−12,886→ 0 totalFrom: 2018-10-29Exp: 2018-10-29→ Common Stock, par value $0.10 (12,886 underlying)
Footnotes (1)
- [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 the Differential Brands Group Inc. 2016 Stock Incentive Plan, as amended,(the "Plan") and previously reported on Table II of a Form 4. In connection with the completed acquisition (the "Transaction") of a significant portion of Global Brands Group Holding Limited's ("GBG") North American licensing business (the "Acquired Business"), the Company's Compensation and Stock Incentive Committee of the Board of Directors ("Compensation Committee") accelerated the vesting of the remaining 12,886 RSUs scheduled to vest on 12/31/18.