Michael R. Egeck - May 28, 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
Stock symbol: LESL
Transactions as of: May 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/2/2021, 08:04 PM
Next filing: Jun 3, 2021

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	-1M	-41.34%	$0.00	1.42M	Apr 28, 2021	Direct
transaction	LESL	Common Stock, par value $0.001 per share	Options Exercise	$0	+1.1M	+77%	$0.00	2.52M	May 28, 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	-1.1M	-47.06%	$0.00	1.23M	May 28, 2021	Common Stock	1.1M	$0.00	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.