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

Role: Chief Executive Officer, Director
Signature: /s/ Laurel Krueger, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 15 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 17 Oct 2023, 16:02:45 UTC
Previous filing: 21 Sep 2023
Next filing: 31 Mar 2025
SEC: View on sec.gov

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	+150,000		$0.000000	150,000	15 Oct 2023	Common Stock	150,000		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.