Ezra Dabah - May 15, 2023 Form 4 Insider Report for KIDPIK CORP. (PIK)

Signature
/s/ Ezra Dabah
Stock symbol
PIK
Transactions as of
May 15, 2023
Transactions value $
-$1,978
Form type
4
Date filed
5/17/2023, 05:00 PM
Previous filing
Aug 19, 2022
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIK Common Stock Options Exercise $0 +42.3K +10.47% $0.00 447K May 15, 2023 See Notes F4, F6, F7
transaction PIK Common Stock Tax liability -$1.98K -3.24K -0.72% $0.61 444K May 15, 2023 See Notes F4, F6, F8
holding PIK Common Stock 1.93M May 15, 2023 Direct
holding PIK Common Stock 253K May 15, 2023 Through spouse F1
holding PIK Common Stock 1.51M May 15, 2023 See Notes F2, F3, F6
holding PIK Common Stock 687K May 15, 2023 See Notes F2, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are held directly by Renee Dabah, the spouse of the Reporting Person, and are also separately reported in beneficial ownership reports filed by Mrs. Dabah.
F2 The Reporting Person was provided complete authority to vote these shares pursuant to a voting agreement dated September 1, 2021, with (and with respect to the reported securities owned by) Moshe Dabah, Eva Dabah, Joia Kazam, Chana Rapaport, Yaacov Dabah; Gila Goodman; Isaac Dabah and his spouse; GMM Capital LLC; Sterling Macro Fund, and each of the trusts described in note (2) below, at any and all meetings of stockholders of the Company and via any written consents. The voting agreement has a term of three years, through August 31, 2024, but can be terminated at any time by Mr. Dabah and terminates automatically upon the death of Mr. Dabah.
F3 Includes securities held in the name of the u/a/d 02/02/1997, Trust FBO Yaacov Dabah; the u/a/d 02/02/1997, Trust FBO Moshe Dabah; the u/a/d 02/02/1997, Trust FBO Joia Dabah; the u/a/d 02/02/1997, Trust FBO Eva Dabah and the u/a/d 02/02/1997, Trust FBO Chana Dabah, each of which are party to the voting agreement described in (1) above, and each of which the spouse of Mr. Ezra Dabah serves as co-trustee of, along with the mother-in-law of Ezra Dabah (Raine Silverstein), and which securities held by such trusts, Mr. Ezra Dabah may be deemed to beneficially own. These securities are also separately reported in beneficial ownership reports filed by Mrs. Dabah and Mrs. Silverstein.
F4 Includes securities held in the name of Moshe Dabah, Eva Dabah, Joia Kazam, Chana Rapaport, and Yaacov Dabah, each of whom are party to the voting agreement described (1) above, and each of which holders are the adult children of Mr. Ezra Dabah, and which securities held by such persons Mr. Ezra Dabah may be deemed to beneficially own. The securities held by Moshe Dabah are also separately reported in beneficial ownership reports filed by Mr. Moshe Dabah, an executive officer of the Issuer.
F5 Includes securities held by an irrevocable trust in the name of Gila Goodman, who is the sister of Ezra Dabah; Isaac Dabah, who is the brother of Ezra Dabah and his spouse; GMM Capital LLC, an entity which Isaac Dabah controls; and Sterling Macro Fund, an entity which Isaac Dabah controls, each of whom are party to the voting agreement described (2) above, and which securities held by such persons Mr. Ezra Dabah may be deemed to beneficially own.
F6 The reporting person disclaims ownership of the reported securities except to the extent of his own pecuniary interest therein.
F7 Represents shares of common stock issued upon settlement of restricted stock units held by Mr. Moshe Dabah.
F8 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 42,333 restricted stock units to Mr. Moshe Dabah on May 15, 2023.