other material
confidence high
sentiment neutral
materiality 0.55
RH CEO Gary Friedman to exercise 1.0M expiring options, sell ~0.7M shares for taxes
RH
- Options granted July 2013 expire at ten-year anniversary; Friedman holds 1.0M shares.
- Plans to sell ~0.7M shares to fund exercise price and satisfy tax obligations.
- After sale, retains ~5.0M shares, representing ~19% of RH common stock outstanding.