4//SEC Filing
SAVAGE KENT A 4
Accession 0001144204-18-056534
CIK 0000844143other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 5:41 PM ET
Size
9.6 KB
Accession
0001144204-18-056534
Insider Transaction Report
Form 4
SAVAGE KENT A
Director
Transactions
- 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) - Exercise/Conversion
Common Stock, par value $0.10 per share
2018-10-29+12,886→ 96,734 total
Holdings
- 341(indirect: See Footnote)
Common Stock, par value $0.10 per share
Footnotes (2)
- [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.
- [F2]These shares are held for the account of Savage Interests LP, a limited partnership of which the reporting person and his spouse are two of the five limited partners. Savage Interests LP has two general partners with which it must act jointly with respect to the voting and investment control of the shares: (i) KAS Interests GP LLC, of which the reporting person is the sole managing member and (ii) CKS Interests GP, LLC of which the reporting person's spouse is the sole managing member. The limited partners of Savage Interests LP have no voting or investment control over the shares. The reporting person disclaims beneficial ownership of common stock held in the account of the LP except to the extent of his pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that the reporting person is the beneficial owner of any securities not held directly for his account for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise.
Documents
Issuer
Centric Brands Inc.
CIK 0000844143
Entity typeother
Related Parties
1- filerCIK 0001114650
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 5:41 PM ET
- Size
- 9.6 KB