Filing Details

Accession Number:
0001209191-18-025902
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-23 18:02:42
Reporting Period:
2018-04-20
Accepted Time:
2018-04-23 18:02:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
896985 Destination Maternity Corp DEST Retail-Women's Clothing Stores (5621) 133045573
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1464934 Ross David Stern C/o Destination Maternity Corporation
232 Strawbridge Drive
Moorestown NJ 08057
Evp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-04-20 5,965 $2.82 155,197 No 4 P Direct
Common Stock Acquisiton 2018-04-23 9,035 $2.81 164,232 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options (Right to Buy) $5.62 2026-08-01 73,255 73,255 Direct
Common Stock Stock Options (Right to Buy) $2.65 2028-04-20 35,000 35,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-08-01 73,255 73,255 Direct
2028-04-20 35,000 35,000 Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.75 to $2.91, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  2. Includes 35,000 shares of unvested restricted stock granted to the Reporting Person on April 20, 2018, which shares vest in four (4) equal annual installments beginning on April 20, 2019, and 11,677 shares of unvested restricted stock from the August 1, 2016 grant of 15,569 shares, which shares vest in four (4) annual installments beginning on August 1, 2017 as follows: 3,892 shares vest on each of August 1, 2017, August 1, 2018, and August 1, 2019, and 3,893 shares vest on August 1, 2020.
  3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.77 to $2.84, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  4. On August 1, 2016, options to purchase 73,255 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on August 1, 2017 as follows: 18,313 options vest on August 1, 2017 and 18,314 options vest on each of August 1, 2018, August 1, 2019, and August 1, 2020. 18,313 of the outstanding August 1, 2016 options are vested and 54,942 are unvested.
  5. On April 20, 2018, options to purchase 35,000 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) equal annual installments beginning on April 20, 2019. All of the outstanding April 20, 2018 options are unvested.