Fabrice Benarouche - Nov 5, 2024 Form 4 Insider Report for GUESS INC (GES)

Signature
Anne Deedwania (attorney-in-fact)
Stock symbol
GES
Transactions as of
Nov 5, 2024
Transactions value $
-$439,500
Form type
4
Date filed
11/8/2024, 01:07 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GES Common Stock 105K Nov 5, 2024 Direct F1
holding GES Common Stock 458 Nov 5, 2024 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GES Stock Option (right to buy) Expiration (or cancellation) of long derivative position with value received -$440K -25K -14.02% $17.58 153K Nov 5, 2024 Common Stock 25K $19.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects changes in form of ownership that are exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934 since there was no change in pecuniary interest.
F2 The reported stock options, initially granted on 11/5/2014, with an original exercise price of $21.83 per share, were repriced on 5/3/2024 to an exercise price of $19.58 per share. No shares were exercised, and the options expired unexercised on 11/5/2024. As a result, no value was realized by the filer.