Form 4 for VSTS Vestis Corp
Accepted 2023-10-04 00:00:00 ET · period of report 2023-10-02 · accession 0001628280-23-033897 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-10-04 | 2023-10-02 | VSTS | Pertz Douglas A | Dir | A - Grant | $0.00 | +13.3K | 13.3K | 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, par value $0.01 per share | 2023-10-02 | A | A | 2,744 | $0.00 | 2,744 | D | — | — | (F2) Each stock unit represents the right to receive, at settlement, one share of Vestis common stock. (F1) Represents a grant of deferred stock units, which will vest on January 31, 2024, subject to the Reporting Person's continued service, and, if vested, will be settled in shares of Vestis common stock on the first day of the seventh month after the date of the Reporting Person's departure from the board. |
| 2 | Common | Common Stock, par value $0.01 per share | 2023-10-02 | A | A | 10,583 | $0.00 | 13,327 | D | — | — | (F3) Represents a special grant of deferred stock units, which is 100% vested upon grant, and will be settled in shares of Vestis common stock on the first day of the seventh month after the date of the Reporting Person's departure from the board. (F2) Each stock unit represents the right to receive, at settlement, one share of Vestis common stock. |