Franco Fogliato - 15 Apr 2025 Form 4 Insider Report for Fossil Group, Inc. (FOSL)

Signature
/s/ Franco Fogliato
Issuer symbol
FOSL
Transactions as of
15 Apr 2025
Transactions value $
$0
Form type
4
Filing time
17 Apr 2025, 17:16:25 UTC
Previous filing
29 Nov 2024
Next filing
19 Nov 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FOSL Performance Stock Units Award $0 +270K $0.00 270K 15 Apr 2025 Common Stock 270K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Fossil Group, Inc. (the Issuer) common stock (the Common Stock).
F2 On April 15, 2025, the Issuer granted 180,000 PRSUs to the reporting person under the Issuers 2024 Long-Term Incentive Plan. These PRSUs will vest into shares of Common Stock of the Issuer on a 1-for-1 basis yearly, in three equal installments. Each yearly vest is subject to an increase in the number of shares to be issued based on the average fair market value of a share of the Common Stock over the last thirty consecutive trading days of the most recent calendar year prior to the vesting date. If the average fair market value is between $3.50 to $4.99, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 20%. If the average fair market value is between $5.00 and $6.49, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 30%. If the average fair market value is $6.50 or above, the number of shares issued upon an annual vesting of PRSUs will be increased by 50%.