Sec Form 4 Filing - MARCIANO PAUL @ GUESS INC - 2017-03-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MARCIANO PAUL
2. Issuer Name and Ticker or Trading Symbol
GUESS INC [ GES]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EC & Chief Creative Officer
(Last) (First) (Middle)
C/O GUESS?, INC., 1444 S. ALAMEDA STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/29/2017
(Street)
LOS ANGELES, CA90021
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/29/2017 A 67,303 ( 1 ) A $ 0 125,925 ( 2 ) D
Common Stock 03/29/2017 F 11,061 D $ 11.22 114,864 D
Common Stock 105,977 I by Exempt Gift Trust ( 3 )
Common Stock 370,309 I by Nonexempt Gift Trust ( 4 )
Common Stock 8,902,438 ( 2 ) I by Paul Marciano Trust ( 5 )
Common Stock 349,491 I by PM Special Exempt Trust ( 6 )
Common Stock 170,666 I by G Financial Holdings, LLC ( 7 )
Common Stock 339,005 I by G Financial Holdings II, LLC ( 8 )
Common Stock 1,481,700 I by NRG Capital Holdings, LLC ( 9 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MARCIANO PAUL
C/O GUESS?, INC.
1444 S. ALAMEDA STREET
LOS ANGELES, CA90021
X X EC & Chief Creative Officer
Signatures
/s/ Jason T. Miller (Attorney-in-fact) 03/31/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Acquired pursuant to Issuer's employee equity plan upon achievement of previously established performance criteria.
( 2 )Reflects changes in form of ownership that are exempt pursuant to Rule 16a-13 under the Securities Exchange Act of 1934 since there was no change in pecuniary interest.
( 3 )Shares are held by Exempt Gift Trust under the Next Step Trust, of which the reporting person is the sole trustee. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
( 4 )Shares are held by the Nonexempt Gift Trust under the Next Step Trust, of which the reporting person is the sole trustee. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
( 5 )Shares are held by the Paul Marciano Trust dated 2/20/86, a revocable trust of which the reporting person is the sole trustee and sole beneficiary and has the exclusive pecuniary interest.
( 6 )Shares are held by Paul Marciano Special Exempt Trust, of which the reporting person has sole investment power.
( 7 )Shares are held by G Financial Holdings, LLC which is indirectly owned by the reporting person.
( 8 )Shares are held by G Financial Holdings II, LLC which is indirectly owned by the reporting person.
( 9 )Share are held by NRG Capital Holdings, LLC in accounts specifically allocated to trusts for the benefit of the reporting person and his minor children.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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