4//SEC Filing
Stern David Ross 4
Accession 0001209191-18-025902
CIK 0000896985other
Filed
Apr 22, 8:00 PM ET
Accepted
Apr 23, 6:02 PM ET
Size
11.1 KB
Accession
0001209191-18-025902
Insider Transaction Report
Form 4
Stern David Ross
EVP & CFO
Transactions
- Purchase
Common Stock
2018-04-20$2.82/sh+5,965$16,845→ 155,197 total - Purchase
Common Stock
2018-04-23$2.81/sh+9,035$25,379→ 164,232 total
Holdings
- 73,255
Stock Options (Right to Buy)
Exercise: $5.62Exp: 2026-08-01→ Common Stock (73,255 underlying) - 35,000
Stock Options (Right to Buy)
Exercise: $2.65Exp: 2028-04-20→ Common Stock (35,000 underlying)
Footnotes (5)
- [F1]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.75 to $2.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Includes 35,000 shares of unvested restricted stock granted to the Reporting Person on April 20, 2018, which shares vest in four (4) equal annual installments beginning on April 20, 2019, and 11,677 shares of unvested restricted stock from the August 1, 2016 grant of 15,569 shares, which shares vest in four (4) annual installments beginning on August 1, 2017 as follows: 3,892 shares vest on each of August 1, 2017, August 1, 2018, and August 1, 2019, and 3,893 shares vest on August 1, 2020.
- [F3]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.77 to $2.84, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F4]On August 1, 2016, options to purchase 73,255 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on August 1, 2017 as follows: 18,313 options vest on August 1, 2017 and 18,314 options vest on each of August 1, 2018, August 1, 2019, and August 1, 2020. 18,313 of the outstanding August 1, 2016 options are vested and 54,942 are unvested.
- [F5]On April 20, 2018, options to purchase 35,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on April 20, 2019. All of the outstanding April 20, 2018 options are unvested.
Documents
Issuer
Destination Maternity Corp
CIK 0000896985
Entity typeother
Related Parties
1- filerCIK 0001464934
Filing Metadata
- Form type
- 4
- Filed
- Apr 22, 8:00 PM ET
- Accepted
- Apr 23, 6:02 PM ET
- Size
- 11.1 KB