Joan M. Hilson - Mar 22, 2024 Form 4 Insider Report for SIGNET JEWELERS LTD (SIG)

Signature
J. Matthew Shady, Attorney in Fact
Stock symbol
SIG
Transactions as of
Mar 22, 2024
Transactions value $
-$906,005
Form type
4
Date filed
3/26/2024, 08:51 PM
Previous filing
Mar 19, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIG Common Shares, par value $0.18 Award $0 +9.02K +4.8% $0.00 197K Mar 22, 2024 Direct F1
transaction SIG Common Shares, par value $0.18 Tax liability -$164K -1.82K -0.92% $90.48 195K Mar 22, 2024 Direct F2, F3
transaction SIG Common Shares, par value $0.18 Sale -$742K -8K -4.09% $92.69 187K Mar 25, 2024 Direct F4, F5
transaction SIG Common Shares, par value $0.18 Award $0 +9.85K +5.26% $0.00 197K Mar 26, 2024 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents restricted stock units acquired by the reporting person upon the achievement of the performance criteria of the performance-based restricted stock units granted on March 18, 2022 and September 14, 2022, as certified by the Human Capital Management & Compensation Committee on March 22, 2024. The common shares underlying these restricted stock units will vest in full on February 1, 2025, subject to the reporting person's continued service with the issuer through such date.
F2 Reflects the number of shares withheld for tax purposes upon vesting of 1/3 of the restricted stock units granted on March 22, 2021.
F3 Reflects the average of the high and low sale price of the common shares on the date of vest.
F4 This transaction was effected pursuant to a Rule 10b5-1 trading plan entered into in good faith by the Reporting Person on October 18, 2023 for investment diversification purposes.
F5 The price reported is the weighted average price of multiple trades at prices ranging from $92.10 to $93.58, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the reported range.
F6 Represents restricted stock units that were granted on March 26, 2024 and vest 1/3 annually on each of the first, second and third anniversaries of the grant date. The restricted stock units settle upon vesting for an equivalent number of common shares.
F7 Includes 31,120 restricted stock units which are subject to certain vesting and forfeiture provisions.

Remarks:

Chief Financial, Strategy and Services Officer