4//SEC Filing
Mizicko Mark 4
Accession 0001628280-23-011322
CIK 0001792781other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 6:45 PM ET
Size
9.4 KB
Accession
0001628280-23-011322
Insider Transaction Report
Form 4
Mizicko Mark
Chief Commercial Officer
Transactions
- Award
Common Stock
2023-03-27+166,667→ 1,930,320 total - Award
Common Stock
2023-03-27+166,667→ 2,096,987 total - Award
Option to purchase shares
2023-03-27+166,666→ 166,666 totalExercise: $3.23Exp: 2033-03-27→ Common Stock (166,666 underlying)
Footnotes (3)
- [F1]Represents performance stock units ("PSUs") granted on March 27, 2023 (the "Grant Date") which are subject to both service and performance vesting conditions. In this regard, the PSUs will service vest one-third on each of the first, second and third anniversary of the Grant Date, based on the reporting person's continued service through the applicable service vesting date and will performance vest in full or in part upon achievement of specified VWAP targets for any 30 consecutive trading days during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date. Upon satisfaction of such service and performance vesting conditions, the PSUs will settle one-for-one in shares of Common Stock.
- [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.
Documents
Issuer
Torrid Holdings Inc.
CIK 0001792781
Entity typeother
Related Parties
1- filerCIK 0001531598
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 6:45 PM ET
- Size
- 9.4 KB