Filing Details

Accession Number:
0000950170-24-056034
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-08 18:43:20
Reporting Period:
2024-05-06
Accepted Time:
2024-05-08 18:43:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1967649 Vestis Corp VSTS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1307631 A. Keith Meister 667 Madison Avenue
New York NY 10065
No No No No
1535472 Corvex Management Lp 667 Madison Avenue
New York NY 10065
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-05-06 1,828,009 $9.54 14,973,187 No 4 P Indirect See footnotes
Common Stock Acquisiton 2024-05-07 996,300 $10.43 15,969,487 No 4 P Indirect See footnotes
Common Stock Acquisiton 2024-05-08 622,346 $10.43 16,591,833 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.21 to $9.96, inclusive. The reporting persons undertake to provide to Vestis Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1), (4), and (5) to this Form 4.
  2. Investment funds advised by Corvex Management LP ("Corvex") directly hold 16,591,833 shares of common stock of the Issuer reported herein. Mr. Meister may be deemed to indirectly beneficially own these shares by virtue of Mr. Meister's control of the general partner of Corvex.
  3. For the purposes of this filing, each of Corvex or Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.21 to $10.62, inclusive.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.02 to $10.66, inclusive.