George Wehlitz - Jul 6, 2021 Form 4 Insider Report for Torrid Holdings Inc. (CURV)

Role: Chief Financial Officer
Signature: /s/ Brian Park, as Attorney-in-Fact for George Wehlitz
Stock symbol: CURV
Transactions as of: Jul 6, 2021
Transactions value $: -$4,139,784
Form type: 4
Date filed: 7/6/2021, 09:31 PM
Previous filing: Jun 30, 2021
Next filing: Aug 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURV	Common Stock	Sale	-$4.14M	-211K	-11.5%	$19.64	1.62M	Jul 6, 2021	Direct	F1
transaction	CURV	Common Stock	Award	$0	+71.4K	+4.4%	$0.00	1.69M	Jul 6, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Represents (i) 47,620 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 and (ii) 23,810 restricted stock units, which will vest annually in four equal installments beginning on April 30, 2022, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.

Content

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.

Represents (i) 47,620 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 and (ii) 23,810 restricted stock units, which will vest annually in four equal installments beginning on April 30, 2022, subject to the reporting person's continued employment with the Issuer through the applicable vesting date.