Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GIII | Common Stock, Par Value $.01 Per Share | Award | $0 | +19.1K | +6.9% | $0.00 | 296K | Mar 16, 2021 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Consists of restricted stock units ("RSUs") each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd ("G-III"). The RSUs will cliff vest on April 1, 2024 only if the Reporting Person remains employed by or continues to provide services to G-III. |
F2 | The amended Amount of Securities Acquired reflects that on June 28, 2021, the Compensation Committee amended the March 16, 2021 RSU award to consist of (a) the retention of 50% of the RSUs awarded and (b) performance share units subject to several performance conditions, in lieu of 50% of the RSUs awarded, as further described in the issuer's Form 8-K filed on June 30, 2021. |
F3 | Reflects the amendment described in footnote (2). Does not reflect the intervening transactions reported on the Reporting Person's Form 4 filed on 3/24/2021 and 6/16/2021. |