Steven L. Ortega - May 28, 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
Stock symbol
LESL
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 08:06 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 Options Exercise $0 +270K +12.1% $0.00 2.5M May 28, 2021 Direct
holding LESL Common Stock, par value $0.001 per share 588K May 28, 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 -270K -97.35% $0.00 7.35K May 28, 2021 Common Stock 270K $0.00 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.