Cheryl de Mesa - Dec 9, 2021 Form 3 Insider Report for Party City Holdco Inc. (PRTYQ)

Role: Chief Accounting Officer
Signature: /s/ Ian Heller, attorney-in-fact
Stock symbol: PRTYQ
Transactions as of: Dec 9, 2021
Transactions value $: $0
Form type: 3
Date filed: 12/14/2021, 04:17 PM
Next filing: Jan 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PRTYQ	Common Stock, par value $0.01 per share ("Common Stock")						23.8K	Dec 9, 2021	Direct	F1
holding	PRTYQ	Common Stock						12.7K	Dec 9, 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on July 18, 2020 under the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan (the "Plan"). Each PRSU represents the contingent right to receive one share of the Issuer's Common Stock. 25% of the shares of Common Stock underlying the PRSUs will be earned if the volume weighted average fair market value per share of the Issuer's Common Stock over a period of not less than 90 consecutive calendar days during the three-year performance period beginning on the grant date meets or exceeds each of the following price targets: $2.50, $5.00, $7.50, and $10.00. Any earned shares then vest ratably every six months over the following two years, subject to the Reporting Person's continued employment by the Issuer through such vesting date.
F2	Represents restricted stock units ("RSUs") granted to the Reporting Person on August 9, 2021 under the Plan. The RSUs vest in three equal installments on August 9, 2022, 2023 and 2024.

Content

Represents performance-based restricted stock units ("PRSUs") granted to the Reporting Person on July 18, 2020 under the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan (the "Plan"). Each PRSU represents the contingent right to receive one share of the Issuer's Common Stock. 25% of the shares of Common Stock underlying the PRSUs will be earned if the volume weighted average fair market value per share of the Issuer's Common Stock over a period of not less than 90 consecutive calendar days during the three-year performance period beginning on the grant date meets or exceeds each of the following price targets: $2.50, $5.00, $7.50, and $10.00. Any earned shares then vest ratably every six months over the following two years, subject to the Reporting Person's continued employment by the Issuer through such vesting date.

Represents restricted stock units ("RSUs") granted to the Reporting Person on August 9, 2021 under the Plan. The RSUs vest in three equal installments on August 9, 2022, 2023 and 2024.

Remarks:

Exhibit 24 - Power of Attorney