Randy J. Greben - 15 Apr 2025 Form 4 Insider Report for Fossil Group, Inc. (FOSL)

Role
CFO
Signature
Randy J. Greben
Issuer symbol
FOSL
Transactions as of
15 Apr 2025
Net transactions value
$0
Form type
4
Filing time
17 Apr 2025, 17:20:58 UTC
Previous filing
27 Mar 2025
Next filing
25 Nov 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FOSL Common Stock Award $0 +150,000 $0.000000 150,000 15 Apr 2025 Direct F1

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 +105,000 $0.000000 105,000 15 Apr 2025 Common Stock 105,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units that shall become vested and convertible into shares of Common Stock as to 1/3 on 4/15/26; as to 1/3 on 4/15/27; and as to 1/3 on 4/15/28, cumulatively.
F2 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).
F3 On April 15, 2025, the Issuer granted 70,000 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%.