0000899243-20-030055.txt : 20201030 0000899243-20-030055.hdr.sgml : 20201030 20201030213611 ACCESSION NUMBER: 0000899243-20-030055 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201028 FILED AS OF DATE: 20201030 DATE AS OF CHANGE: 20201030 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ortega Steven L CENTRAL INDEX KEY: 0001830679 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39667 FILM NUMBER: 201278793 MAIL ADDRESS: STREET 1: C/O L CATTERTON STREET 2: 599 WEST PUTNAM AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Leslie's, Inc. CENTRAL INDEX KEY: 0001821806 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2005 E. INDIAN SCHOOL ROAD CITY: PHOENIX STATE: AZ ZIP: 85016 BUSINESS PHONE: 602-366-3817 MAIL ADDRESS: STREET 1: 2005 E. INDIAN SCHOOL ROAD CITY: PHOENIX STATE: AZ ZIP: 85016 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-10-28 0 0001821806 Leslie's, Inc. LESL 0001830679 Ortega Steven L 2005 EAST INDIAN SCHOOL ROAD PHOENIX AZ 85016 1 0 0 0 Options to purchase shares 2020-10-28 4 A 0 147060 17.00 A Common Stock, par value $0.001 per share 147060 147060 D Represents options to purchase shares ("Options") that will vest and become exercisable as follows, subject to the Reporting Person's continued employment through the applicable vesting date: (i) two-thirds of the Options will be subject to time vesting (the "Time Vesting Options") and will vest in equal 25% installments on each of the first four anniversaries of October 28, 2020, such that all of the Time Vesting Options will be fully vested on October 28, 2024; and (ii) one-third of the Options will be subject to performance vesting (the "Performance Vesting Options"), whereby (a) 50% of the Performance Vesting Options will vest if, and only if, the Issuer achieves the net income target established by the Issuer's board of directors for fiscal year 2021 and (b) the remaining 50% of the Performance Vesting Options will vest if, and only if, the Issuer achieves the net income target established by the Issuer's board of directors for fiscal year 2022. All of the Options will expire upon the earliest of: (i) October 28, 2030; (ii) twelve months after the Reporting Person's termination of employment or service due to death; (iii) immediately upon termination of the Reporting Person's employment or service for "cause"; or (iv) ninety days after the Reporting Person's termination of employment or service for any reason not specified in the foregoing (ii) or (iii). /s/ Brad A. Gazaway, as Attorney-in-Fact for Steven L. Ortega 2020-10-30