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

Signature
/s/ Brian Park, as Attorney-in-Fact for Anne Stephenson
Stock symbol
CURV
Transactions as of
Jul 2, 2021
Transactions value $
-$235,502
Form type
4
Date filed
7/6/2021, 09:34 PM
Previous filing
Jun 30, 2021
Next filing
Aug 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURV Common Stock Other +104K 104K Jul 2, 2021 Direct F1
transaction CURV Common Stock Sale -$236K -12K -11.5% $19.64* 92.3K Jul 6, 2021 Direct F2
transaction CURV Common Stock Award $0 +217K +234.68% $0.00 309K 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) 104,283 shares of restricted stock which will vest quarterly in thirteen equal installments between August 19, 2021 and August 19, 2024, subject to the reporting person's continued employment with the Issuer through the applicable vesting date and (ii) 112,306 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.

Remarks:

Chief Merchandising and Product Officer