Stewart Glendinning - Oct 15, 2023 Form 4 Insider Report for EXPRESS, INC. (EXPR)

Role: Chief Executive Officer, Director
Signature: /s/ Laurel Krueger, Attorney-in-Fact
Stock symbol: EXPR
Transactions as of: Oct 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 10/17/2023, 04:02 PM
Previous filing: Sep 21, 2023

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	EXPR	Performance Stock Units	Award	$0	+150K		$0.00	150K	Oct 15, 2023	Common Stock	150K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance-based restricted stock units ("PSUs") granted to the reporting person as a material inducement to his acceptance of employment as Chief Executive Officer. Each PSU represents a contingent right to receive one share of the Issuer's common stock (at a payout ranging from 0 to 200%) based on the Issuer's stock price performance during the period between the grant date and the last day of the Issuer's fiscal 2026, subject to continued employment.

Content

Represents performance-based restricted stock units ("PSUs") granted to the reporting person as a material inducement to his acceptance of employment as Chief Executive Officer. Each PSU represents a contingent right to receive one share of the Issuer's common stock (at a payout ranging from 0 to 200%) based on the Issuer's stock price performance during the period between the grant date and the last day of the Issuer's fiscal 2026, subject to continued employment.