Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSTS | Common Stock | Award | $0 | +7.44K | $0.00 | 7.44K | Jun 18, 2024 | Direct | F1 | |
holding | VSTS | Common Stock | 17M | Jun 18, 2024 | See footnotes | F2, F3 |
Id | Content |
---|---|
F1 | Reflects restricted stock units granted to Keith Meister in respect of his service on the Board of Directors of Vestis Corporation (the "Issuer"), which vest 100% into shares of common stock of the Issuer on a 1-for-1 basis on the earlier of: (1) the day before the next scheduled annual general meeting of the Issuer's stockholders or (2) February 16, 2025. |
F2 | Investment funds advised by Corvex Management LP ("Corvex") directly hold 17,007,877 shares of common stock of the Issuer reported herein. Mr. Meister may be deemed to indirectly beneficially own these shares by virtue of Mr. Meister's control of the general partner of Corvex. |
F3 | For the purposes of this filing, each of Corvex or Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. |