Umair Muhammad bought PLCE
March 24, 2025 · Form 4 insider transaction
Umair Muhammad bought 38,627 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 2 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 pursuant to dilution protections in connection with the consummation of the Company's recently completed Rights Offering. 12,876 of the granted shares are dilution protection for time restricted stock units originally granted on November 1, 2024 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 Company's 2011 Equity Incentive Plan (the "Plan").; 25,751 of the granted shares are dilution protection for performance stock units originally granted on November 1, 2024, 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.