0001628280-23-033910.txt : 20231004
0001628280-23-033910.hdr.sgml : 20231004
20231004212627
ACCESSION NUMBER: 0001628280-23-033910
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231002
FILED AS OF DATE: 20231004
DATE AS OF CHANGE: 20231004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DONOVAN TIMOTHY R
CENTRAL INDEX KEY: 0001171341
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41783
FILM NUMBER: 231309685
MAIL ADDRESS:
STREET 1: 1703 N. RANDALL ROAD
CITY: ELGIN
STATE: IL
ZIP: 60123
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vestis Corp
CENTRAL INDEX KEY: 0001967649
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190]
IRS NUMBER: 922573927
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 500 COLONIAL CENTER PARKWAY
STREET 2: SUITE 140
CITY: ROSWELL
STATE: GA
ZIP: 30076
BUSINESS PHONE: 470-226-3655
MAIL ADDRESS:
STREET 1: 500 COLONIAL CENTER PARKWAY
STREET 2: SUITE 140
CITY: ROSWELL
STATE: GA
ZIP: 30076
FORMER COMPANY:
FORMER CONFORMED NAME: Epic NewCo, Inc.
DATE OF NAME CHANGE: 20230228
4
1
wk-form4_1696469177.xml
FORM 4
X0508
4
2023-10-02
0
0001967649
Vestis Corp
VSTS
0001171341
DONOVAN TIMOTHY R
VESTIS CORPORATION
500 COLONIAL CENTER PARKWAY, SUITE 140
ROSWELL
GA
30076
0
1
0
0
EVP, CLO and General Counsel
0
Common Stock, par value $0.01 per share
2023-10-02
4
A
0
8957
A
9666
D
Common Stock, par value $0.01 per share
2023-10-02
4
A
0
12290
A
21956
D
Stock Option (Right to Buy)
18.25
2023-10-02
4
A
0
26513
0
A
2032-02-10
Common Stock, par value $0.01 per share
26513
26513
D
Stock Option (Right to Buy)
19.76
2023-10-02
4
A
0
21595
0
A
2032-11-17
Common Stock, par value $0.01 per share
21595
21595
D
Premium Stock Option (Right to Buy)
20.41
2023-10-02
4
A
0
48000
0
A
2033-10-02
Common Stock, par value $0.01 per share
48000
48000
D
The transactions reported herein are the result of the consummation on September 30, 2023 of the distribution of approximately 130,725,188 shares of common stock of Vestis Corporation ("Vestis") by Aramark ("Aramark") to holders of Aramark common stock on a pro rata basis (the "Spin-Off").
Represents conversion of an award of restricted stock units granted by Aramark into restricted stock units with respect to Vestis common stock as a result of the Spin-Off, which will vest 50% on February 10, 2024 and 50% on February 10, 2025.
Each restricted stock unit represents the right to receive, at settlement, one share of Vestis common stock.
Represents conversion of an award of restricted stock units granted by Aramark into restricted stock units with respect to Vestis common stock as a result of the Spin-Off, which will vest 25% on November 17, 2023, 25% on November 17, 2024, 25% on November 17, 2025 and 25% on November 17, 2026.
Represents conversion of an option to purchase Aramark common stock granted by Aramark into the option to purchase Vestis common stock as a result of the Spin-Off, of which 33.33% is fully vested, 33.33% vests on February 10, 2024, and 33.34% vests on February 10, 2025. The exercise price reflects the adjustments that occurred as of October 2, 2023 in connection with the Spin-Off as described in the registration statement on Form 10 filed with the SEC by Vestis.
Represents conversion of an option to purchase Aramark common stock granted by Aramark into the option to purchase Vestis common stock as a result of the Spin-Off, of which 25% vests on November 17, 2023, 25% vests on November 17, 2024, 25% vests on November 17, 2025 and 25% vests on November 17, 2026. The exercise price reflects the adjustments that occurred as of October 2, 2023 in connection with the Spin-Off as described in the registration statement on Form 10 filed with the SEC by Vestis.
Represents a premium price option to purchase shares of Vestis common stock, which vests on the third anniversary of the date of grant.
/s/ Timothy Donovan
2023-10-04