Debra G. Perelman - Mar 15, 2023 Form 4 Insider Report for REVLON INC /DE/ (REVRQ)

Signature
/s/ Seth Fier for Debra G. Perelman pursuant to a power-of-attorney granted on 2/22/2022
Stock symbol
REVRQ
Transactions as of
Mar 15, 2023
Transactions value $
-$86,461
Form type
4
Date filed
3/17/2023, 04:30 PM
Previous filing
Jun 6, 2022
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REVRQ Class A Common Stock Options Exercise +52.9K +17.81% 350K Mar 15, 2023 Direct F1
transaction REVRQ Class A Common Stock Tax liability -$15.8K -29.3K -8.36% $0.54* 321K Mar 15, 2023 Direct F2
transaction REVRQ Class A Common Stock Options Exercise +129K +40.11% 449K Mar 15, 2023 Direct F1
transaction REVRQ Class A Common Stock Tax liability -$38.4K -71.1K -15.83% $0.54* 378K Mar 15, 2023 Direct F2
transaction REVRQ Class A Common Stock Options Exercise +108K +28.54% 486K Mar 15, 2023 Direct F3
transaction REVRQ Class A Common Stock Tax liability -$32.2K -59.7K -12.28% $0.54* 427K Mar 15, 2023 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 REVRQ Restricted Stock Units Options Exercise $0 -52.9K -100% $0.00* 0 Mar 15, 2023 Common Stock 52.9K Direct F1, F5
transaction REVRQ Restricted Stock Units Options Exercise $0 -129K -50% $0.00 129K Mar 15, 2023 Common Stock 129K Direct F1, F6
transaction REVRQ Performance-based Restricted Stock Units Options Exercise $0 -108K -100% $0.00* 0 Mar 15, 2023 Common Stock 108K Direct F3, F7
* 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 3/15/2023 of one-third of previously-reported time-based RSUs.
F6 Represents the vesting on 3/15/2023 of one-fourth of previously-reported time-based RSUs.
F7 Represents the vesting on 3/15/2023 of a tranche of performance-based RSUs.