0001628280-23-033912.txt : 20231004
0001628280-23-033912.hdr.sgml : 20231004
20231004212651
ACCESSION NUMBER: 0001628280-23-033912
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: Dillon Ricky T
CENTRAL INDEX KEY: 0001380390
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41783
FILM NUMBER: 231309687
MAIL ADDRESS:
STREET 1: ONE SOUTH WACKER DRIVE
STREET 2: SUITE 1000
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER NAME:
FORMER CONFORMED NAME: Dillon Rick T
DATE OF NAME CHANGE: 20061107
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_1696469202.xml
FORM 4
X0508
4
2023-10-02
0
0001967649
Vestis Corp
VSTS
0001380390
Dillon Ricky T
VESTIS CORPORATION
500 COLONIAL CENTER PARKWAY, SUITE 140
ROSWELL
GA
30076
0
1
0
0
EVP and CFO
0
Common Stock, par value $0.01 per share
2023-10-02
4
A
0
6892
A
7480
D
Common Stock, par value $0.01 per share
2023-10-02
4
A
0
17411
A
24891
D
Stock Option (Right to Buy)
16.69
2023-10-02
4
A
0
19585
0
A
2032-06-01
Common Stock, par value $0.01 per share
19585
19585
D
Stock Option (Right to Buy)
19.76
2023-10-02
4
A
0
30593
0
A
2032-11-17
Common Stock, par value $0.01 per share
30593
30593
D
Premium Stock Option (Right to Buy)
20.41
2023-10-02
4
A
0
100000
0
A
2033-10-02
Common Stock, par value $0.01 per share
100000
100000
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 June 1, 2024 and 50% on June 1, 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 June 1, 2024, and 33.34% vests on June 1, 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, General Counsel, as Attorney-in-fact
2023-10-04