Paula Baker - Nov 21, 2021 Form 4 Insider Report for Leslie's, Inc. (LESL)

Role: Chief Revenue Officer
Signature: /s/ Brad A. Gazaway, as Attorney-in-Fact for Paula F. Baker
Stock symbol: LESL
Transactions as of: Nov 21, 2021
Transactions value $: -$520,729
Form type: 4
Date filed: 11/23/2021, 03:28 PM
Previous filing: Jun 30, 2021
Next filing: Nov 21, 2022

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	+70.5K	+46.64%	$0.00	222K	Nov 21, 2021	Direct
transaction	LESL	Common Stock, par value $0.001 per share	Sale	-$521K	-25.2K	-11.35%	$20.70	197K	Nov 22, 2021	Direct	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	-70.5K	-33.33%	$0.00	141K	Nov 21, 2021	Common Stock	70.5K	$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	Represents shares of Common Stock automatically sold by a third party equity administrator to satisfy tax liability upon settlement of restricted stock units ("RSUs").
F2	Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.
F3	Represents a grant of RSUs, of which 70,505 RSUs vested on November 21, 2021 and of which the remaining 141,012 RSUs will vest in two equal annual installments on November 21st of each of 2022 and 2023, subject to Ms. Baker's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.