Form 4 for SVV Savers Value Village, Inc.
Accepted 2024-03-29 00:00:00 ET · period of report 2024-03-27 · accession 0001127602-24-011452 · 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 | 2024-03-29 | 2024-03-27 | SVV | Geisser Melinda L. | Chief People Services Off | M - OptEx | $1.41 | +4,000 | 4,000 | New | +$5,640 |
| D | 2024-03-29 | 2024-03-27 | SVV | Geisser Melinda L. | Chief People Services Off | S - Sale+OE | $18.98 | -4,000 | 0 | -100% | -$75.9K |
| D | 2024-03-29 | 2024-03-27 | SVV | Geisser Melinda L. | Chief People Services Off | M - OptEx | $0.00 | -4,000 | 610.4K | -0.7% | $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 | 2024-03-27 | M | A | 4,000 | $1.41 | 4,000 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-27 | S | D | 4,000 | $18.98 | 0 | D | — | — | (F1) The sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on September 15, 2023. |
| 3 | Derivative | Option (Right to Purchase) | 2024-03-27 | M | D | 4,000 | $0.00 | 610,373 | D | $1.41 · — to 2029-06-12 | 4,000 Common Stock | (F2) Options previously granted under the Registrant's 2019 Management Incentive Plan. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting and settlement conditions. (F4) Approximately 40% represents time-based options with a vesting schedule in substantially equal annual installments over five years starting March 28, 2020, and approximately 60% represents performance-based options, of which 25% vested upon the initial public offering and the remainder will be eligible for vesting upon satisfaction of certain performance criteria including stock price performance. (F3) The June 12, 2019 stock option grant vests in substantially equal annual installments over five years starting March 28, 2020, until fully vested on March 28, 2024. |