Hyon Park - Jun 6, 2024 Form 3 Insider Report for Torrid Holdings Inc. (CURV)

Role
Chief Operating Officer
Signature
/s/ Bridgett C. Zeterberg, as Attorney-in-Fact for Hyon Park
Stock symbol
CURV
Transactions as of
Jun 6, 2024
Transactions value $
$0
Form type
3
Date filed
6/27/2024, 05:00 PM
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CURV Common Stock 205K Jun 6, 2024 Direct F1

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
holding CURV Option to purchase shares Jun 6, 2024 Common Stock 214K $5.99 Direct F2
holding CURV Option to purchase shares Jun 6, 2024 Common Stock 90.2K $3.23 Direct F3
holding CURV Option to purchase shares Jun 6, 2024 Common Stock 63K $4.51 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (1) 31,735 common stock shares outstanding , (2) 93,907 restricted stock units (RSUs) that remain unvested from an initial August 22, 2022 grant of 125,209 RSUs which started vesting on August 22, 2023, in an installment substantially equal to 25% of the grant, and will vest on August 22, 2024, August 22, 2025 and August 22, 2026, respectively; (3) 40,635 RSUs that remain unvested from a grant of 54,180 RSUs which started vesting on March 27, 2024, in an installment substantially equal to 25% of the grant, and will vest on March 27, 2025, March 27, 2026 and March 27, 2027, respectively; and (4) 38,803 RSUs, which will vest annually in substantially equal 25% installments on April 2, 2025, April 2, 2026, April 2, 2027 and April 2, 2028, subject to the reporting person's continued employment through the applicable vesting date.
F2 Represents options to purchase shares that started vesting on August 22, 2023 and become exercisable in substantially equal 25% installments on August 22, 2023, August 22, 2024, August 22, 2025 and August 22, 2026, respectively, subject to the reporting person's continued employment through the applicable vesting date.
F3 Represents options to purchase shares that started vesting on March 27, 2024 and become exercisable in substantially equal 25% installments on March 27, 2024, March 27, 2025, March 27, 2026 and March 27, 2027, respectively, subject to the reporting person's continued employment through the applicable vesting date.
F4 Represents options to purchase shares that will start vesting on April 2, 2025 and become exercisable in substantially equal 25% installments on April 2, 2025, April 2, 2026, April 2, 2027 and April 2, 2028, respectively, subject to the reporting person's continued employment through the applicable vesting date.

Remarks:

Exhibit 24: Power of Attorney