0001498301-19-000032.txt : 20190503 0001498301-19-000032.hdr.sgml : 20190503 20190503084819 ACCESSION NUMBER: 0001498301-19-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190501 FILED AS OF DATE: 20190503 DATE AS OF CHANGE: 20190503 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MUTO GARY CENTRAL INDEX KEY: 0001187144 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11736 FILM NUMBER: 19794219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Ascena Retail Group, Inc. CENTRAL INDEX KEY: 0001498301 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-APPAREL & ACCESSORY STORES [5600] IRS NUMBER: 300641353 STATE OF INCORPORATION: DE FISCAL YEAR END: 0803 BUSINESS ADDRESS: STREET 1: 933 MACARTHUR BOULEVARD CITY: MAHWAH STATE: NJ ZIP: 07430 BUSINESS PHONE: 551.777.6700 MAIL ADDRESS: STREET 1: 933 MACARTHUR BOULEVARD CITY: MAHWAH STATE: NJ ZIP: 07430 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2019-05-01 0001498301 Ascena Retail Group, Inc. ASNA 0001187144 MUTO GARY C/O ASCENA RETAIL GROUP, INC. 933 MACARTHUR BOULEVARD MAHWAH NJ 07430 1 1 0 0 Chief Executive Officer Common 224926 D Restricted Stock Units 2019-05-01 4 A 0 1957627 0 A Common 1957627 1957627 D Options To Buy 1.17 2019-05-01 4 A 0 2750000 0 A Common 2750000 2750000 D Granted under the Company's 2016 Ominibus Incentive Plan. Restricted stock units convert into common stock on a one-for-one basis. Subject to the grantee's continued employment from the grant date through the applicable vesting date: 25% of each of the Restricted Stock Units (l"RSUs") and Non-Qualified Stock Options ("NQSOs") will be eligible to vest if the closing price of the Company's common stock equals or exceeds $3.00 per share for a 20-consecutive trading day period on or prior to the third anniversay of the grant date (the "$3 Hurdle"); an additional 25% of each of the RSUs and NQSOs will be eligible to vest if the closing price of the Company's common stock equals or exceeds $5 per share for a 20-consecutive trading day period on or prior to the third anniversary of the grant date (the "$5 Hurdle"); and the remaining 50% of each of the RSUs and NQSOs will be eligible to vest if the closing price of the Company's common stock equals or exceeds $7 per share for a 20-consecutive trading day period on or prior to the third annivesary of the grant date (the "$7 Hurdle" and together with the $3 Hurdle and $5 Hurdle, the "Hurdles"); provided, however, if a Hurdle is actually achieved prior to the second anniverary of the grant date, the portion of the RSUs and NQSOs related to the Hurdle that was actually achieved prior to the second anniverary of the grant date will vest on the second anniversary of the grant date, subject to the grantee's continued employment from the grant date through the second anniversary of the grant date. Any portion of the RSUs and NQSOs for which the applicable Hurdle is not actually achieved by the third anniversary of the grant date will be forfeited for no consideration. Note: Footnotes 3 and 4 is one footnote due to the length of the explanation. Mary Beth Riley, Power of Attorney 2019-05-03