Lisa Harper - May 3, 2022 Form 4 Insider Report for Torrid Holdings Inc. (CURV)

Role: Chief Executive Officer, Director
Signature: /s/ Brian Park, as Attorney-in-Fact for Lisa Harper
Stock symbol: CURV
Transactions as of: May 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/5/2022, 04:38 PM
Previous filing: Jul 6, 2021
Next filing: Mar 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURV	Common Stock	Award	$0	+300K	+5.34%	$0.00	5.92M	May 3, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents performance stock units ("PSUs") granted on May 3, 2022 (the "Grant Date") which are subject to both service and performance vesting conditions. In this regard, the PSUs will service vest one-third on each of the first, second and third anniversary of the Grant Date, based on the reporting person's continued service through the applicable service vesting date and will performance vest in full or in part upon achievement of specified VWAP targets for any 30 consecutive trading days during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date. Upon satisfaction of such service and performance vesting conditions, the PSUs will settle one-for-one in shares of Common Stock.

Content

Represents performance stock units ("PSUs") granted on May 3, 2022 (the "Grant Date") which are subject to both service and performance vesting conditions. In this regard, the PSUs will service vest one-third on each of the first, second and third anniversary of the Grant Date, based on the reporting person's continued service through the applicable service vesting date and will performance vest in full or in part upon achievement of specified VWAP targets for any 30 consecutive trading days during the period beginning on the Grant Date and ending on the third anniversary of the Grant Date. Upon satisfaction of such service and performance vesting conditions, the PSUs will settle one-for-one in shares of Common Stock.