Michael R. Egeck - 28 May 2021 Form 4 Insider Report for Leslie's, Inc. (LESL)

Role: Chief Executive Officer, Director
Signature: /s/ Brad A. Gazaway, as Attorney-in-Fact for Michael R. Egeck
Issuer symbol: LESL
Transactions as of: 28 May 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2021, 20:04:15 UTC
Next filing: 03 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LESL	Common Stock, par value $0.001 per share	Gift	$0	-1,003,500	-41%	$0.000000	1,423,648	28 Apr 2021	Direct
transaction	LESL	Common Stock, par value $0.001 per share	Options Exercise	$0	+1,096,243	+77%	$0.000000	2,519,891	28 May 2021	Direct

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	LESL	Restricted Stock Units	Options Exercise	$0	-1,096,243	-47%	$0.000000	1,233,276	28 May 2021	Common Stock	1,096,243	$0.000000	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.
F2	Represents a grant of RSUs, of which 1,096,243 vested on May 28, 2021 because the volume weighted average trading price of a share of the Issuer's Common Stock was greater than $10.71 at the end of a rolling twenty (20)-day trading period commencing on May 2, 2021, and of which the remaining 1,233,276 of the RSUs will vest in equal installments of 205,545 on August 4, 2021 and each of the five (5) six (6)-month anniversaries thereafter, subject to Mr. Egeck's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.

Content

Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.

Represents a grant of RSUs, of which 1,096,243 vested on May 28, 2021 because the volume weighted average trading price of a share of the Issuer's Common Stock was greater than $10.71 at the end of a rolling twenty (20)-day trading period commencing on May 2, 2021, and of which the remaining 1,233,276 of the RSUs will vest in equal installments of 205,545 on August 4, 2021 and each of the five (5) six (6)-month anniversaries thereafter, subject to Mr. Egeck's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.