SK FINANCIAL SERVICES, LLC - 22 Jan 2025 Form 4 Insider Report for VINCE HOLDING CORP. (VNCE)

Role
10%+ Owner
Signature
/s/ Marc Keirstead, for SK Financial Services, LLC
Issuer symbol
VNCE
Transactions as of
22 Jan 2025
Net transactions value
-$292,711
Form type
4
Filing time
24 Jan 2025, 16:05:06 UTC
Next filing
09 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VNCE Common Stock, par value $0.01 Sale $292,711 -125,627 -85% $2.33 21,980 22 Jan 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the purchase by P180 Vince Acquisition Co. ("P180") of shares of Vince Holding Corp. common stock pursuant to that certain Stock and Loan Purchase Agreement by and among P180, Sun Cardinal, LLC, SCSF Cardinal, LLC and SK Financial Services, LLC ("SK Financial"). P180 purchased a total of 147,607 shares from SK Financial, a portion of which were held back by SK Financial.
F2 Represents shares held back by SK Financial. Such held back shares (or a portion thereof) may be transferred to P180 in the future subject to certain conditions set forth in the Stock and Loan Purchase Agreement.