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CTRC Centric Brands Inc

0.1608
0.00 (0.00%)
31 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Centric Brands Inc NASDAQ:CTRC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.1608 0.19 0.20 0 01:00:00

Initial Statement of Beneficial Ownership (3)

01/07/2019 10:54pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

TARSHIS ANDREW

2. Date of Event Requiring Statement (MM/DD/YYYY)
6/24/2019 

3. Issuer Name and Ticker or Trading Symbol

Centric Brands Inc. [CTRC]

(Last)        (First)        (Middle)

C/O CENTRIC BRANDS INC., 350 FIFTH AVENUE, 6TH FLOOR

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
General Counsel /

(Street)

NEW YORK, NY 10118       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units     (1)   (1) Common Stock, par value $0.10   150000     (1) D    
Restricted Stock Units     (2)   (2) Common Stock, par value $0.10   250000     (2) D    

Explanation of Responses:
(1)  In connection with a consulting agreement with Centric Brands Inc., a Delaware corporation (the "Company") and previously reported on Table II of a Form 4 filed on October 31, 2018, Mr. Andrew Tarshis received a grant of shares of Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of the Company's common stock, par value $0.10 per share (the "Common Stock") pursuant to the Centric Brands Inc. 2016 Stock Incentive Plan (the "Plan"), as amended. The RSUs vest in equal installments on October 29, 2019 and October 29, 2020.
(2)  The RSUs vest in one-third increments on June 24, 2020, June 24, 2021 and June 24, 2022, subject to Mr. Tarshis's continued employment with the Company through the applicable vesting date; provided, if Mr. Tarshis's employment is terminated by the Company without "cause" (and not due to his death or disability) or by him for "good reason" (each such term as defined in his employment agreement with the Company) then any unvested portion of the RSUs will accelerate and become fully vested on the date of termination. Any vested RSUs will be settled through the issuance of Common Stock promptly following the applicable vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
TARSHIS ANDREW
C/O CENTRIC BRANDS INC.
350 FIFTH AVENUE, 6TH FLOOR
NEW YORK, NY 10118


General Counsel

Signatures
/s/ Andrew Tarshis 7/1/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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