Form 3 Filing for Nicolai D. Marciano in GUESS INC

Nicolai D. Marciano has filed a Form 3 with the SEC, disclosing his ownership in GUESS INC. The filing indicates that Marciano may be deemed a member of a Section 13(d) group that collectively owns more than 10% of the company's outstanding common stock. However, he disclaims beneficial ownership of the securities owned by other group members. The filing details Marciano's holdings, including 23,678 shares of common stock and two employee stock options. The first option, for 3,800 shares, has an exercise price of $17.35 and vests in four equal annual installments starting January 5, 2020. The second option, for 15,000 shares, has an exercise price of $12.07 and vests in four equal annual installments starting June 10, 2020. Both options expire in 2029.