Glendinning Stewart 4
4 · EXPRESS, INC. · Filed Oct 17, 2023
Insider Transaction Report
Form 4
EXPRESS, INC.EXPR
Glendinning Stewart
DirectorChief Executive Officer
Transactions
- Award
Performance Stock Units
2023-10-15+150,000→ 150,000 totalExp: 2027-01-30→ Common Stock (150,000 underlying)
Footnotes (1)
- [F1]Represents performance-based restricted stock units ("PSUs") granted to the reporting person as a material inducement to his acceptance of employment as Chief Executive Officer. Each PSU represents a contingent right to receive one share of the Issuer's common stock (at a payout ranging from 0 to 200%) based on the Issuer's stock price performance during the period between the grant date and the last day of the Issuer's fiscal 2026, subject to continued employment.