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GENESCO INC — Director's Dealing 2025
Apr 1, 2025
33271_dirs_2025-03-31_b2e5eeca-cbef-489e-99d4-cc4924b6f83b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENESCO INC (GCO)
CIK: 0000018498
Period of Report: 2025-03-27
Reporting Person: Fund 1 Investments, LLC (N/A)
Reporting Person: Pleasant Lake Partners LLC (N/A)
Reporting Person: PLP Funds Master Fund LP (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-28 | Common Stock | S | 12000 | $20.7299 | Disposed | 1097850 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-27 | Cash-Settled Total Return Swap | $ | P | 10000 | Acquired | 2028-02-14 | Common Stock (10000) | Indirect |
Footnotes
F1: Shares reported herein are held for the benefit of PLP Funds Master Fund LP, a private investment vehicle for which Pleasant Lake Partners LLC ("PLP") serves as investment adviser. Fund 1 Investments, LLC serves as managing member of PLP. Jonathan Lennon serves as managing member of Fund 1 Investments, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.
F2: The Reporting Persons have entered into certain cash-settled total return swap agreements with an unaffiliated third party financial institution, which provide the Reporting Persons with economic exposure to 10,000 notional shares of common stock for a price of $22.4832 per share. The swap agreements provide the Reporting Persons with economic results that are comparable to the economic results of ownership but do not provide the Reporting Persons with the power to vote or direct the voting or dispose of or direct the disposition of the shares of common stock that are the subject of the swap agreements (the "Subject Shares"). Each of the Reporting Persons disclaims beneficial ownership of the Subject Shares except to the extent of its or his pecuniary interest therein.
F3: The expiration date of the swap agreements will be automatically extended for successive 12 month periods unless one party provides written notice to the other party, at least 30 calendar days prior to the first extension and at least 15 calendar days prior to any subsequent extension, not to so extend the expiration date.