Lisa Harper - May 3, 2022 Form 4 Insider Report for Torrid Holdings Inc. (CURV)

Signature
/s/ Brian Park, as Attorney-in-Fact for Lisa Harper
Stock symbol
CURV
Transactions as of
May 3, 2022
Transactions value $
$0
Form type
4
Date filed
5/5/2022, 04:38 PM
Previous filing
Jul 6, 2021
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURV Common Stock Award $0 +300K +5.34% $0.00 5.92M May 3, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units ("PSUs") granted on May 3, 2022 (the "Grant Date") which are subject to both service and performance vesting conditions. In this regard, the PSUs will service vest one-third on each of the first, second and third anniversary of the Grant Date, based on the reporting person's continued service through the applicable service vesting date and will performance vest in full or in part upon achievement of specified VWAP targets for any 30 consecutive trading days during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date. Upon satisfaction of such service and performance vesting conditions, the PSUs will settle one-for-one in shares of Common Stock.