Certain Class A Common Stock of Floor & Decor Holdings, Inc. are subject to a Lock-Up Agreement Ending on 14-JAN-2018.
January 13, 2018
Share
Certain Class A Common Stock of Floor & Decor Holdings, Inc. are subject to a Lock-Up Agreement Ending on 14-JAN-2018. These Class A Common Stock will be under lockup for 60 days starting from 15-NOV-2017 to 14-JAN-2018.
Details:
The selling stockholders, executive officers, directors and the holders of substantially all of existing shares of Class A common stock will agree not to sell or transfer any common stock or securities convertible into, exchangeable for, exercisable for, or repayable with common stock, for 60 days after the date of this prospectus without first obtaining the written consent of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Barclays Capital Inc.
Floor & Decor Holdings, Inc. is a multi-channel specialty retailer and commercial flooring distributor. It primarily sells hard surface flooring and related accessories and is a seller of commercial surfaces. The Company operates 221 warehouse-format stores and five design studios across 36 states. The Company offers an assortment of in-stock hard-surface flooring, including tile, wood, laminate and vinyl, and natural stone, along with decorative accessories and wall tile, installation materials, and adjacent categories. The Company offers its products to various customers, including professional installers and commercial businesses (Pro) and homeowners, which are comprised of do-it-yourself customers (DIY) and buy it yourself customers who buy the products for professional installation (BIY). Its warehouse-format stores, which average approximately 78,000 square feet. The Companyâs subsidiary is Floor and Decor Outlets of America, Inc.