Vera Bradley, Inc.
10.00%
2,783,155
1495320
92335C106
Dec 29, 2024
Jan 2, 2025, 08:45 AM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Fund 1 Investments, LLC | Holding Company | 10.00% | 2,783,155 | 2,783,155 | 0 |
Disclosure Items (6)
Common Stock, without par value
Vera Bradley, Inc.
12420 STONEBRIDGE ROAD, ROANOKE, IN, 46783
Item 3 is hereby amended and restated to read as follows: The Shares beneficially owned by the Reporting Person were purchased with working capital of the Funds (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases. The aggregate purchase price of the 2,783,155 Shares beneficially owned by the Reporting Person is approximately $18,594,582, including brokerage commissions.
Item 5(a) is hereby amended and restated to read as follows: The aggregate percentage of Shares reported beneficially owned by the Reporting Person is based upon 27,726,461 Shares outstanding as of December 4, 2024, which is the total number of Shares outstanding as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on December 11, 2024. As of the date hereof, Fund 1 Investments beneficially owned 2,783,155 Shares. Percentage: Approximately 10.0%
Item 5(b) is hereby amended and restated to read as follows: 1. Sole power to vote or direct vote: 2,783,155 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 2,783,155 4. Shared power to dispose or direct the disposition: 0
Item 5(c) is hereby amended and restated to read as follows: Fund 1 Investments has not entered into any transactions in the Shares during the past sixty days.
Item 6 is hereby amended and restated to read as follows: The Reporting Person has entered into certain cash-settled swap agreements with an unaffiliated third-party financial institution (the "Cash-Settled Swaps"). Collectively, the Cash-Settled Swaps held by the Reporting Person represent economic exposure to an aggregate of 2,762,892 notional Shares, representing approximately 10.0% of the outstanding Shares. The Cash-Settled Swaps provide the Reporting Person with economic results that are comparable to the economic results of ownership, but do not provide it with the power to vote or direct the voting, or dispose of or direct the disposition, of the Shares that are subject to the Cash-Settled Swaps. Other than as described herein, there are no contracts, arrangements, understandings or relationships between the Reporting Person and any other person, with respect to the securities of the Issuer.
Item 7 is hereby amended to add the following exhibit: Exhibit 99.1 - Letter, dated December 30, 2024