Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CURV | Common Stock | Other | +2.2M | 2.2M | Jul 2, 2021 | Direct | F1 | |||
transaction | CURV | Common Stock | Sale | -$4.96M | -253K | -11.5% | $19.64* | 1.94M | Jul 6, 2021 | Direct | F2 |
transaction | CURV | Common Stock | Award | $0 | +312K | +16.05% | $0.00 | 2.26M | Jul 6, 2021 | Direct | F3 |
Id | Content |
---|---|
F1 | Represents shares received for no consideration in a pro rata distribution from Torrid Holding LLC. |
F2 | The reported securities were sold by the reporting person in the initial public offering ("IPO") of Torrid Holdings Inc. (the "Issuer") at the initial public offering price of $21.00 per share less underwriting discounts and commissions. |
F3 | Represents (i) 240,655 shares of restricted stock which will vest quarterly in nine equal installments between August 29, 2021 and August 29, 2023, subject to the reporting person's continued employment with the Issuer through the applicable vesting date and (ii) 71,428 restricted stock units, 50.0% of which vested as of July 6, 2021 upon consummation of the Issuer's IPO and the remaining 50.0% of which will vest in equal installments on the first, second and third anniversaries of such date, subject to the reporting person's continued employment with the Issuer through the applicable vesting date. |