Fabrice Benarouche - 05 Nov 2024 Form 4 Insider Report for GUESS INC (GES)

Signature
Anne Deedwania (attorney-in-fact)
Issuer symbol
GES
Transactions as of
05 Nov 2024
Net transactions value
-$439,500
Form type
4
Filing time
08 Nov 2024, 13:07:20 UTC
Previous filing
02 Apr 2024
Next filing
08 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GES Common Stock 105,395 05 Nov 2024 Direct F1
holding GES Common Stock 458 05 Nov 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 $439,500 -25,000 -14% $17.58 153,300 05 Nov 2024 Common Stock 25,000 $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.