Michael Salmon - Jul 2, 2021 Form 4 Insider Report for Torrid Holdings Inc. (CURV)

Role
Chief Operating Officer
Signature
/s/ Brian Park, as Attorney-in-Fact for Michael Salmon
Stock symbol
CURV
Transactions as of
Jul 2, 2021
Transactions value $
-$326,059
Form type
4
Date filed
7/6/2021, 09:30 PM
Previous filing
Jun 30, 2021
Next filing
Sep 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURV Common Stock Other +144K 144K Jul 2, 2021 Direct F1
transaction CURV Common Stock Sale -$326K -16.6K -11.5% $19.64* 128K Jul 6, 2021 Direct F2
transaction CURV Common Stock Award $0 +176K +138.1% $0.00 304K Jul 6, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 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) 64,174 shares of restricted stock which will vest quarterly in eight equal installments between September 4, 2021 and June 4, 2023, subject to the reporting person's continued employment with the Issuer through the applicable vesting date and (ii) 112,305 shares of restricted stock which will vest quarterly in fourteen equal installments between September 23, 2021 and December 23, 2024, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.