Kenneth Duane Seipel - Nov 18, 2024 Form 4 Insider Report for Citi Trends Inc (CTRN)

Role: Chief Executive Officer, Director
Signature: /s/ Jennifer Beazley, Attorney-in-Fact
Stock symbol: CTRN
Transactions as of: Nov 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/20/2024, 06:37 PM
Previous filing: Nov 5, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTRN	Common Stock	Award	$0	+80K	+27.3%	$0.00	373K	Nov 18, 2024	Direct	F1
transaction	CTRN	Common Stock	Award	$0	+322K	+86.18%	$0.00	695K	Nov 18, 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects time-based restricted stock that vests in equal annual installments on the first three anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer or service on the Issuer's board of directors.
F2	Reflects performance-based restricted stock which may be earned based on the average closing price of the Issuer's common stock equaling or exceeding six specific stock price hurdles for 45 consecutive trading days during a three-year performance period and will vest over a four-year service period, subject to the reporting person's continued service as Chief Executive Officer or as a member of the Issuer's board of directors.

Content

Reflects time-based restricted stock that vests in equal annual installments on the first three anniversaries of the grant date, subject to the reporting person's continued employment with the Issuer or service on the Issuer's board of directors.

Reflects performance-based restricted stock which may be earned based on the average closing price of the Issuer's common stock equaling or exceeding six specific stock price hurdles for 45 consecutive trading days during a three-year performance period and will vest over a four-year service period, subject to the reporting person's continued service as Chief Executive Officer or as a member of the Issuer's board of directors.