Moyo LaBode - Jan 1, 2022 Form 3 Insider Report for Leslie's, Inc. (LESL)

Role
Chief Merchandising Officer
Signature
Brad A. Gazaway, as Attorney-in-Fact for Moyo LaBode
Stock symbol
LESL
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/11/2022, 03:04 PM
Next filing
Feb 3, 2022

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
holding LESL Restricted Stock Units Jan 1, 2022 Common Stock 65K $0.00 Direct F1, F2
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 183K $26.11 Direct F3
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 45.8K $26.11 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of RSUs, which will vest in four (4) equal installments on May 12, 2022, May 12, 2023, May 12, 2024, and May 12, 2025, subject to Mr. LaBode's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
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 options to purchase shares ("Options") which will vest in four equal installments on May 12, 2022, May 12, 2023, May 12, 2024, and May 12, 2025, subject to Mr. LaBode's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
F4 On May 12, 2021, Mr. LaBode was granted Options to purchase 91,667 shares of common stock. The Options vest in two equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending October 2, 2021 and October 1, 2022. The performance criteria for 2021 were met, resulting in vesting of the Options as to 45,833 shares.