Moshe Dabah - 15 May 2024 Form 4 Insider Report for KIDPIK CORP. (PIKM)

Reporting relationship: VP, COO and CTO
Issuer ticker: PIKM
Reported as of: 15 May 2024
Net transaction value: -$2,410
SEC form: 4
Accepted by SEC: 21 May 2024, 16:30:37 UTC
Prior SEC filing: 17 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Moshe Dabah

Key filing fact

Moshe Dabah filed Form 4 for KIDPIK CORP. (PIKM) on 21 May 2024.

Key facts

This page summarizes Moshe Dabah's Form 4 filing for KIDPIK CORP. (PIKM).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 21 May 2024, 16:30.

Change

Previous filing in this sequence was filed on 17 May 2023.
Current net transaction value: -$2,410.

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.

PIK transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +8,467
Change %: +29%
Price: $0.000000
Shares after: 37,589
Date: 15 May 2024
Ownership: Direct
Footnotes: F1, F2, F3

PIK transaction

Common Stock

Tax liability

Transaction value: $2,410
Shares: -737
Change %: -2%
Price: $3.27
Shares after: 36,852
Date: 15 May 2024
Ownership: Direct
Footnotes: F1, F2, F3, F4

Reported derivative securities

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

PIK transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -8,467
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 May 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,467
Exercise price
Footnotes: F5, F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

These securities are also disclosed separately in beneficial ownership reports filed by Mr. Ezra Dabah, the Chief Executive Officer of the Issuer, and the father of Moshe Dabah, as a result of the voting agreement discussed in footnote (2) below.

Footnote F2

Excludes securities owned by members of a Voting Group relating to a voting agreement dated September 1, 2021, between the reporting person and members of the Voting Group, for which the reporting person disclaim beneficial ownership (except as expressly set forth above). The Voting Group refers to members of a voting agreement with (and with respect to the reported securities owned by) Moshe Dabah, Eva Dabah, Joia Kazam, Chana Rapaport, Yaacov Dabah and trusts for the benefit of each of the foregoing, the co-trustees of which are the spouse and mother-in-law of Ezra Dabah; Gila Goodman; Isaac Dabah and his spouse; GMM Capital LLC; and Sterling Macro Fund for purposes of Section 13(d) of the Securities Exchange Act of 1934.

Footnote F3

Each member of the Voting Group provided complete authority to Mr. Ezra Dabah, the Chief Executive Officer of the Issuer (and the father of Moshe Dabah), to vote the shares held by such persons and entities at any and all meetings of stockholders of the Company and via any written consents.

Footnote F4

Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 8,467 restricted stock units to the Reporting Person on May 15, 2024.

Footnote F5

Each restricted stock unit represents the contingent right to receive, at settlement, one share of common stock.

Footnote F6

The restricted stock units vested at the rate of (i) 1/3 on May 15, 2022; (ii) 1/3 on May 15, 2023; and (iii) 1/3 on May 15, 2024. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.