Form 4 for CURV Torrid Holdings Inc.
Accepted 2023-04-11 00:00:00 ET · period of report 2023-03-27 · accession 0001628280-23-011322 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-11 | 2023-03-27 | CURV | Mizicko Mark | Chief Commercial Off | A - Grant | $0.00 | +333.3K | 1.93M | +21% | $0 |
| D | 2023-04-11 | 2023-03-27 | CURV | Mizicko Mark | Chief Commercial Off | A - Grant | $0.00 | +166.7K | 166.7K | New | $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 | 2023-03-27 | A | A | 166,667 | $0.00 | 2,096,987 | D | — | — | (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. |
| 2 | Common | Common Stock | 2023-03-27 | A | A | 166,667 | $0.00 | 1,930,320 | D | — | — | (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. |
| 3 | Derivative | Option to purchase shares | 2023-03-27 | A | A | 166,666 | $0.00 | 166,666 | D | $3.23 · — to 2033-03-27 | 166,666 Common Stock | (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. |