Umair Muhammad bought PLCE
November 1, 2024 · Form 4 insider transaction
Umair Muhammad bought 80,000 shares of The Children's Place, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Represents shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying restricted stock units granted under the Company's 2011 Equity Incentive Plan (the "Plan") on November 1, 2024. 26,667 are time restricted stock units and deliverable to Mr. Umair on May 29, 2025, provided Mr. Umair is employed by the Company on the vesting date, subject to the terms and conditions of the Plan. 53,334 stock units are performance stock units, one-half of which are deliverable to Mr. Umair on each of April 15, 2026 and April 15, 2027, respectively, provided the Company certifies such performance awards (which may be achieved above or below the target number of shares) and Mr. Umair is employed by the Company on the respective vesting dates, subject to the terms and conditions of the Plan.