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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to Buy) | $ 2.65 | 04/20/2018 | A | 20,000 | (7) | 04/20/2028 | Common Stock | 20,000 | $ 0 | 20,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Schriver Rodney C/O DESTINATION MATERNITY CORPORATION 232 STRAWBRIDGE DRIVE MOORESTOWN, NJ 08057 |
Principal Accounting Officer |
/s/ Rodney Schriver | 04/23/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On April 20, 2018, 20,000 shares of restricted stock were granted to the Reporting Person by the Issuer (the "2018 Restricted Stock Grant"). The restricted stock vests in four (4) equal annual installments beginning on April 20, 2019. |
(2) | Includes the 2018 Restricted Stock Grant and 25,000 shares of restricted stock granted to the Reporting Person on December 4, 2017, which vests in four (4) equal annual installments beginning on December 4, 2018 (the "2017 Restricted Stock Grant"). |
(3) | 2,085 shares of common stock of the Issuer ("common stock") were surrendered to the Issuer to pay applicable tax withholdings in connection with the December 4, 2018 vesting of 6,250 shares of restricted stock pursuant to the 2017 Restricted Stock Grant. |
(4) | Includes the 2018 Restricted Stock Grant and 18,750 shares of unvested restricted stock pursuant to the 2017 Restricted Stock Grant. |
(5) | 1,933 shares of common stock were surrendered to the Issuer to pay applicable tax withholdings in connection with the April 20, 2019 vesting of 5,000 shares of restricted stock pursuant to the 2018 Restricted Stock Grant. |
(6) | Includes 15,000 shares of unvested restricted stock pursuant to the 2018 Restricted Stock Grant and 18,750 shares of unvested restricted stock pursuant to the 2017 Restricted Stock Grant. |
(7) | On April 20, 2018, options to purchase 20,000 shares of common stock were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on April 20, 2019. |