Moyo LaBode - May 12, 2022 Form 4 Insider Report for Leslie's, Inc. (LESL)

Signature
Brad A. Gazaway, as Attorney-in-Fact for Moyo LaBode
Stock symbol
LESL
Transactions as of
May 12, 2022
Transactions value $
-$82,086
Form type
4
Date filed
5/13/2022, 04:37 PM
Previous filing
Feb 3, 2022
Next filing
Dec 19, 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 +16.3K $0.00 16.3K May 12, 2022 Direct
transaction LESL Common Stock, par value $0.001 per share Sale -$82.1K -4.7K -28.9% $17.48 11.6K May 12, 2022 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 -16.3K -18.41% $0.00 72K May 12, 2022 Common Stock 16.3K $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 two grants of RSUs, the first representing 48,750 RSUs which will vest in three (3) equal installments on May 12, 2023, May 12, 2024, and May 12, 2025, the second representing 23,256 RSUs which will vest in four (4) equal installments on January 27, 2023, January 27, 2024, January 27, 2025, and January 27, 2026, both subject to Mr. LaBode's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.