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