0000950170-24-077988.txt : 20240626 0000950170-24-077988.hdr.sgml : 20240626 20240626180836 ACCESSION NUMBER: 0000950170-24-077988 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240624 FILED AS OF DATE: 20240626 DATE AS OF CHANGE: 20240626 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Harper Darin CENTRAL INDEX KEY: 0001422482 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35664 FILM NUMBER: 241074776 MAIL ADDRESS: STREET 1: 4441 W. AIRPORT FREEWAY CITY: IRVING STATE: TX ZIP: 75062 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Dave & Buster's Entertainment, Inc. CENTRAL INDEX KEY: 0001525769 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 352382255 STATE OF INCORPORATION: DE FISCAL YEAR END: 0202 BUSINESS ADDRESS: STREET 1: 2481 MANANA DRIVE CITY: DALLAS STATE: TX ZIP: 75220 BUSINESS PHONE: 214-357-9588 MAIL ADDRESS: STREET 1: 2481 MANANA DRIVE CITY: DALLAS STATE: TX ZIP: 75220 FORMER COMPANY: FORMER CONFORMED NAME: Dave & Buster's Parent, Inc. DATE OF NAME CHANGE: 20110713 4 1 ownership.xml 4 X0508 4 2024-06-24 0001525769 Dave & Buster's Entertainment, Inc. PLAY 0001422482 Harper Darin 1221 S. BELT LINE RD., SUITE 500 COPPELL TX 75019 false true false false Chief Financial Officer false Common Stock 2024-06-24 4 A false 20738 0 A 20738 D Stock Option (Right to Buy) 2024-06-24 4 A false 20738 48.22 A Common Stock 20738 20738 D Stock Option (Right to Buy) 2024-06-24 4 A false 10887 48.22 A Common Stock 10887 10887 D Performance Stock Unit 8 2024-06-24 4 A false 41477 0 A Common Stock 41477 41477 D Vests in 5 equal tranches on 6/24/25, 6/24/26, 6/24/27, 6/24/28, 6/24/29. This grant is subject to a condition whereby the Reporting Person is required to purchase $525,000 (the "Maximum Amount") in the Registrants common stock, par value $0.01 per share (the "Common Stock") during an open trading window on or before July 23, 2024 (or the next available open trading window if the preceding trading windows are closed), hold such purchased Common Stock when the related options vest subject to a decline in the amount of required holding by 20% upon the vesting of each annual installment. In the event Reporting Person fails to comply with the purchasing vesting condition, they will forfeit an amount of the options proportionate to any shortfall from such Maximum Amount to a minimum threshold of $300,000 after which all the options will be forfeited. Subject to the forgoing conditions, the options vest in equal installments on June 24, 2025, 2026, 2027, 2028 and 2029. Represents the Target Achievable performance-based restricted stock units ("PSUs") for the five-year performance period from June 24, 2024 through June 24, 2029. The number of PSUs earned will equal to the Target Achievable PSUs if the Company's Common Stock share price is greater than or equal to $96.44; based on the volume-weighted average price for the sixty (60) consecutive trading days ending on June 24, 2029 ("Target Price"). Early vesting may occur upon achievement of the Target Price prior to June 24, 2029. Upon the 1st early achievement of the Target Price, 25% of the PSUs will vest 1 year after such date; 25% of the PSUs will vest on 2 years after such date; and 50% of the PSUs ("Remaining PSUs") will vest on June 24, 2029. Upon the 2nd early achievement of the Target Price, 50% of the Remaining PSUs will vest 1 year after such date; and 50% of the Remaining PSUs will vest on 2 years after such date. No early vesting shall occur later than June 24, 2029. Sherri M. Smith, Attorney-in-Fact 2024-06-26