Kelly McGuire Diehl - Apr 11, 2022 Form 3 Insider Report for Torrid Holdings Inc. (CURV)

Role
Executive Vice President, People and Culture
Signature
/s/ Brian Park, as Attorney-in-Fact for Kelly McGuire Diehl
Stock symbol
CURV
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
3
Date filed
4/21/2022, 04:11 PM
Next filing
Jul 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CURV Common Stock 159K Apr 11, 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
holding CURV Option to purchase shares Apr 11, 2022 Common Stock 23.8K $21.00 Direct F2
holding CURV Option to purchase shares Apr 11, 2022 Common Stock 36.4K $21.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 (1) Includes 39,675 Restricted Stock Units ("RSUs") that each represent a contingent right to receive one share of the Issuer's common stock, par value $0.01 ("Common Stock") in each case subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The reported securities vest as follows: (i) 7,143 RSUs granted on July 6, 2021, which will vest in three equal annual installments on July 6th in each of 2022, 2023 and 2024, (ii) 11,905 RSUs granted on July 6, 2021, which will vest in four equal annual installments on July 6th in each of 2022, 2023, 2024 and 2025 and (iii) 20,627 RSUs granted on March 31, 2022, which will vest in four equal annual installments on March 31st in each of 2023, 2024, 2025 and 2026.
F2 Represents a non-qualified stock option to purchase shares of Common Stock granted on June 30, 2021. The option will vest and become exercisable in four equal annual installments on June 30th in each of 2022, 2023, 2024 and 2025.
F3 Represents a non-qualified stock option to purchase shares of Common Stock granted on March 31, 2022. The option will vest and become exercisable in four equal annual installments on March 31st in each of 2023, 2024, 2025 and 2026.

Remarks:

Executive Vice President, People and Culture