Debra G. Perelman - Mar 15, 2022 Form 4 Insider Report for REVLON INC /DE/ (REV)

Signature
/s/ Penny Tehrani-Littrell for Debra G. Perelman pursuant to a power-of-attorney granted on 2/22/2022
Stock symbol
REV
Transactions as of
Mar 15, 2022
Transactions value $
-$1,563,882
Form type
4
Date filed
3/17/2022, 05:52 PM
Previous filing
Feb 23, 2022
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REV Class A Common Stock Options Exercise +35.1K +30.64% 150K Mar 15, 2022 Direct F1
transaction REV Class A Common Stock Tax liability -$119K -14.1K -9.45% $8.41* 136K Mar 15, 2022 Direct F2
transaction REV Class A Common Stock Options Exercise +52.9K +39.05% 188K Mar 15, 2022 Direct F1
transaction REV Class A Common Stock Tax liability -$179K -21.3K -11.32% $8.41* 167K Mar 15, 2022 Direct F2
transaction REV Class A Common Stock Options Exercise +257K +153.98% 424K Mar 15, 2022 Direct F1
transaction REV Class A Common Stock Tax liability -$1.19M -141K -33.25% $8.41* 283K Mar 15, 2022 Direct F2
transaction REV Class A Common Stock Options Exercise +23.2K +8.18% 306K Mar 15, 2022 Direct F3
transaction REV Class A Common Stock Tax liability -$78.5K -9.34K -3.05% $8.41* 297K Mar 15, 2022 Direct F4

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
transaction REV Restricted Stock Units Options Exercise $0 -35.1K -100% $0.00* 0 Mar 15, 2022 Common Stock 35.1K Direct F1, F5
transaction REV Restricted Stock Units Options Exercise $0 -52.9K -50% $0.00 52.9K Mar 15, 2022 Common Stock 52.9K Direct F1, F5
transaction REV Restricted Stock Units Options Exercise $0 -257K -50% $0.00 257K Mar 15, 2022 Common Stock 257K Direct F1, F5
transaction REV Performance-based Restricted Stock Units Options Exercise $0 -23.2K -100% $0.00* 0 Mar 15, 2022 Common Stock 23.2K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Revlon, Inc. Class A Common Stock, par value $0.01 per share, or, at the Issuer's election, the cash value thereof as of the dates that the RSUs are settled.
F2 Represents shares of Class A Common Stock withheld by the Issuer for the payment of withholding taxes due upon the vesting of each applicable tranche of previously-reported time-based RSUs.
F3 Each performance-based RSU represents the right to receive, following vesting, one share of Revlon, Inc. Class A Common Stock, par value $0.01 per share, or, at the Issuer's election, the cash value thereof as of the dates that the performance-based RSUs are settled, in each case, based upon the achievement of pre-established performance metrics.
F4 Represents shares of Class A Common Stock withheld by the Issuer for the payment of withholding taxes due upon the vesting of a tranche of performance-based RSUs issued under the Fourth Amended and Restated Revlon, Inc. Stock Plan.
F5 Represents the vesting on 3/15/2022 of one-third of previously-reported time-based RSUs.
F6 Represents the vesting on 3/15/2022 of a tranche of performance-based RSUs.