Guess? (GES) director Marciano gifted 546,694 shares
Insider transactions reported
Maurice Marciano (director at Guess? Inc., GES) reported that they gifted 546,694 shares between Mar 31, 2022 and Jan 5, 2023. After these transactions the filing shows 1,462,650 shares held indirectly (by MM CRUT LLC) and 1,537,003 shares held indirectly (by Maurice Marciano Charitable Remainder Unitrust II).
- Reporting person
- Marciano Maurice
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 31, 2022 | Gift (G) | Common Stock1 | -55,000 | - | - | 1,597,650 indirect |
| Apr 1, 2022 | Gift (G) | Common Stock3 | -35,412 | - | - | 1,588,422 indirect |
| Apr 1, 2022 | Gift (G) | Common Stock4 | +89,836 | - | - | 802,236 indirect |
| Jun 27, 2022 | Gift (G) | Common Stock1 | -45,000 | - | - | 1,552,650 indirect |
| Jun 30, 2022 | Gift (G) | Common Stock3 | -24,980 | - | - | 1,563,442 indirect |
| Jun 30, 2022 | Gift (G) | Common Stock4 | +74,912 | - | - | 877,148 indirect |
| Oct 4, 2022 | Gift (G) | Common Stock1 | -40,000 | - | - | 1,512,650 indirect |
| Oct 6, 2022 | Gift (G) | Common Stock3 | -5,699 | - | - | 1,557,743 indirect |
| Oct 6, 2022 | Gift (G) | Common Stock4 | +41,305 | - | - | 918,453 indirect |
| Jan 4, 2023 | Gift (G) | Common Stock1 | -50,000 | - | - | 1,462,650 indirect |
| Jan 5, 2023 | Gift (G) | Common Stock3 | -20,740 | - | - | 1,537,003 indirect |
| Jan 5, 2023 | Gift (G) | Common Stock4 | +63,810 | - | - | 982,263 indirect |
Holdings before and after
- Common Stock: 1,652,650 to 1,462,650 indirect, by MM CRUT LLC
- Common Stock: 1,623,834 to 1,537,003 indirect, by Maurice Marciano Charitable Remainder Unitrust II
- Common Stock: 712,400 to 982,263 indirect, by MM CRUT II LLC
Other positions listed
- Common Stock: 7,846 direct
- Common Stock: 4,617,263 indirect, by Maurice Marciano Trust
- Common Stock: 1,500,000 indirect, by Carolem Capital LLC
- Common Stock: 70 indirect, by MM Gift Trust fbo Caroline Marciano
- Common Stock: 349,491 indirect, by MM 2020 Exempt Trust
- Common Stock: 103,801 indirect, by Next Step Capital LLC
- Common Stock: 554,940 indirect, by Next Step Capital II, LLC
Footnotes from the filing
- 1. Shares are held by MM CRUT, LLC.
- 2. Reflects changes in form of ownership that are exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934 since there was no change in pecuniary interest.
- 3. Shares are held by Maurice Marciano Charitable Remainder Unitrust II.
- 4. Shares are held by MM CRUT II, LLC.
- 5. Shares are held by the Maurice Marciano Trust (2006 Restatement).
- 6. Shares are held by CAROLEM Capital, LLC.
- 7. Shares are held by Maurice Marciano Gift Trust FBO Caroline Marciano.
- 8. Shares are held by Maurice Marciano 2020 Exempt Trust.
- 9. Shares are held by Next Step Capital, LLC.
- 10. Shares are held by Next Step Capital II, LLC.
Transaction codes in this filing
- Gift:
- Code G marks a bona fide gift. No money changes hands.
FAQ
What did Marciano report in this GES Form 5?
Maurice Marciano (director at Guess? Inc., GES) reported that they gifted 546,694 shares between Mar 31, 2022 and Jan 5, 2023. After these transactions the filing shows 1,462,650 shares held indirectly (by MM CRUT LLC) and 1,537,003 shares held indirectly (by Maurice Marciano Charitable Remainder Unitrust II).
How many GES shares does Marciano hold after this filing?
The filing shows 1,462,650 shares held indirectly (by MM CRUT LLC), 1,537,003 shares held indirectly (by Maurice Marciano Charitable Remainder Unitrust II), 982,263 shares held indirectly (by MM CRUT II LLC) after the reported transactions. Form 5 reports only the positions it lists, so this may not be every holding.
What does transaction code G mean on an SEC Form 5?
Code G marks a bona fide gift. No money changes hands.
Historical context for GES
Earlier insider filings at GES
- Feb 22, 2023SEC Form 4: Alberini Carlos covered exercise/tax liability with 24,128 shares, decreasing direct ownership by 5% to 471,112 units
- Feb 1, 2023SEC Form 4: Alberini Carlos covered exercise/tax liability with 6,034 shares, decreasing direct ownership by 1% to 495,240 units
- Sep 21, 2022SEC Form 4: Chidoni Anthony sold $166,000 worth of shares (10,000 units at $16.60), decreasing direct ownership by 5% to 199,552 units
- Apr 26, 2022SEC Form 4: Yemenidjian Alex was granted 11,987 shares, increasing direct ownership by 8% to 154,159 units
- Apr 26, 2022SEC Form 4: Weinswig Deborah was granted 7,846 shares, increasing direct ownership by 28% to 36,196 units
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Apparel
- Listed since
- 1996
Follow GES and get a push notification the moment its next story breaks.