Steven L. Ortega - 28 May 2021 Form 4 Insider Report for Leslie's, Inc. (LESL)

Role: Director
Signature: /s/ Brad A. Gazaway, as Attorney-in-Fact for Steven L. Ortega
Issuer symbol: LESL
Transactions as of: 28 May 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Jun 2021, 20:06:28 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	Options Exercise	$0	+269,849	+12%	$0.000000	2,500,419	28 May 2021	Direct
holding	LESL	Common Stock, par value $0.001 per share						587,959	28 May 2021	See footnote.	F1

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	-269,849	-97%	$0.000000	7,353	28 May 2021	Common Stock	269,849	$0.000000	Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	The shares are held by the Mary Ann E. and Steven L. Ortega Family Trust.
F2	Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.
F3	Represents grants of RSUs, of which 269,849 vested on May 28, 2021 because the volume weighted average trading price of a share of the Issuer's Common Stock was greater than $9.82 at the end of a rolling twenty (20)-day trading period commencing on May 2, 2021, and of which 7,353 of the RSUs will vest on November 2, 2021, subject to Mr. Ortega's continuous service as a member of the board of the Issuer.