Marc Magliacano - 15 Mar 2023 Form 4 Insider Report for Leslie's, Inc. (LESL)

Reporting relationship: Former Director
Issuer ticker: LESL
Reported as of: 15 Mar 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Mar 2023, 16:15:08 UTC
Prior SEC filing: 28 Jul 2022
Next SEC filing: 28 Jul 2023
Source filing: View source filing
Reporting owner signature: /s/ Brad A. Gazaway, as Attorney-in-Fact for Marc Magliacano

Key filing fact

Marc Magliacano filed Form 4 for Leslie's, Inc. (LESL) on 17 Mar 2023.

Key facts

This page summarizes Marc Magliacano's Form 4 filing for Leslie's, Inc. (LESL).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Mar 2023, 16:15.

Change

Previous filing in this sequence was filed on 28 Jul 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LESL transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value: $0
Shares: +6,098
Change %: +64%
Price: $0.000000
Shares after: 15,658
Date: 15 Mar 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LESL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -6,098
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,098
Exercise price: $0.000000
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Marc Magliacano is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

The reported transaction reflects a vesting of the Issuer's Restricted Stock Units ("RSUs"). Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. The RSUs vesting date was the earlier of (a) March 16, 2023 or (b) the day prior to the Company's annual meeting of stockholders held in March 2023 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Mr. Magliacano's continuous service as a member of the Board until the Vesting Date.

Footnote F2

Mr. Magliacano has entered into a Nominee and Indemnity Agreement, pursuant to which he has agreed that all equity awards granted to him for his service as director of the Issuer are held, from the date of grant, for the benefit of Bubbles Investor Aggregator, L.P. ("Bubbles Investor"). Bubbles Investor, together with C8 Management, L.L.C., as the general partner of Bubbles Investor (each of the foregoing, the "L Catterton Entities"), may be deemed to have shared beneficial ownership of the equity awards granted to and held by Mr. Magliacano. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, the L Catterton Entities may be deemed directors by deputization with respect to the Issuer.