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

Role
Chief Legal Officer and Corporate Secretary
Signature
Brad A. Gazaway
Stock symbol
LESL
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/11/2022, 03:07 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LESL Common Stock, par value $0.001 per share 122K Jan 1, 2022 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
holding LESL Restricted Stock Units Jan 1, 2022 Common Stock 12.2K $0.00 Direct F1, F2
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 58.8K $17.00 Direct F3
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 14.7K $17.00 Direct F4
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 66.7K $22.27 Direct F5
holding LESL Options to purchase shares Jan 1, 2022 Common Stock 16.7K $22.27 Direct F6
* 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 on September 24, 2022, subject to Mr. Gazaway's continuous employment or service with the Issuer or an affiliate until the 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"), of which 14,705 Options vested on October 28, 2021, and of which the remaining 44,118 unvested Options will vest in three equal installments on October 28, 2022, October 28, 2023, and October 28, 2024, subject to Mr. Gazaway's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
F4 On October 28, 2020, Mr. Gazaway was granted Options to purchase 29,412 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 14,706 shares.
F5 Represents Options which will vest in four equal installments on March 3, 2022, March 3, 2023, March 3, 2024, and March 3, 2025, subject to Mr. Gazaway's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
F6 On March 3, 3021, Mr. Gazaway was granted Options to purchase 33,334 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 16,667 shares.

Remarks:

Chief Legal Officer and Corporate Secretary