Abaelu Chinwe 4
4 · Torrid Holdings Inc. · Filed Mar 30, 2023
Insider Transaction Report
Form 4
Abaelu Chinwe
See Remarks
Transactions
- Award
Common Stock
2022-12-31$2.52/sh+1,000$2,520→ 56,273 total - Award
Option to purchase shares
2023-03-27+64,433→ 64,433 totalExercise: $3.23Exp: 2033-03-27→ Common Stock (64,433 underlying) - Award
Common Stock
2023-03-27+38,700→ 94,973 total
Footnotes (3)
- [F1]Shares purchased pursuant to the Torrid Holdings Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of July 1, 2022 through December 31, 2022. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the issuer's common stock on December 31, 2022.
- [F2]Represents restricted stock units, which will vest annually in substantially equal 25% installments on March 27, 2024, March 27, 2025, March 27, 2026 and March 27, 2027, respectively, subject to the reporting person's continued employment through the applicable vesting date.
- [F3]Represents options to purchase shares that will start vesting on March 27, 2024 and become exercisable in substantially equal 25% installments on March 27, 2024, March 27, 2025, March 27, 2026 and March 27, 2027, respectively, subject to the reporting person's continued employment through the applicable vesting date.