Form 4 for LESL Leslie's, Inc.
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0000899243-23-008867 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-17 | 2023-03-15 | LESL | Magliacano Marc | Former Dir | M - OptEx | $0.00 | +6,098 | 15.7K | +64% | $0 |
| D | 2023-03-17 | 2023-03-15 | LESL | Magliacano Marc | Former Dir | M - OptEx | $0.00 | -6,098 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2023-03-15 | M | A | 6,098 | $0.00 | 15,658 | D | — | — | (F1) The reported transaction reflects a vesting of the Issuer's Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. The RSUs vesting date was the earlier of (a) March 16, 2023 or (b) the day prior to the Company's annual meeting of stockholders held in March 2023 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Mr. Magliacano's continuous service as a member of the Board until the Vesting Date. (F2) Mr. Magliacano has entered into a Nominee and Indemnity Agreement, pursuant to which he has agreed that all equity awards granted to him for his service as director of the Issuer are held, from the date of grant, for the benefit of Bubbles Investor Aggregator, L.P. ("Bubbles Investor"). Bubbles Investor, together with C8 Management, L.L.C., as the general partner of Bubbles Investor (each of the foregoing, the "L Catterton Entities"), may be deemed to have shared beneficial ownership of the equity awards granted to and held by Mr. Magliacano. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, the L Catterton Entities may be deemed directors by deputization with respect to the Issuer. |
| 2 | Derivative | Restricted Stock Units | 2023-03-15 | M | D | 6,098 | $0.00 | 0 | D | $0.00 · 2023-03-15 to 2023-03-15 | 6,098 Common Stock | (F1) The reported transaction reflects a vesting of the Issuer's Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. The RSUs vesting date was the earlier of (a) March 16, 2023 or (b) the day prior to the Company's annual meeting of stockholders held in March 2023 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Mr. Magliacano's continuous service as a member of the Board until the Vesting Date. |