STAGE STORES INC 4
4 · STAGE STORES INC · Filed Jun 7, 2005
Insider Transaction Report
Form 4
STAGE STORES INCSTGS
Mosse Sharon
Director
Transactions
- Award
Deferred STock Units
2005-06-02+768→ 23,852 totalExercise: $39.07→ Common Stock (768 underlying)
Footnotes (1)
- [F1]Reflects the Director's election to receive $30,000 of her Total Annual Retainer fees for the 2005-2006 Term Year in exchange for 768 of the Company's Deferred Stock Units under the Company's 2003 Non-Employee Director Equity Compensation Plan. One-twelfth (1/12) of the number of Deferred Stock Units will be credited by the Company to the Director's ledger account ("Account") on the first day of each month during the Term Year. Upon termination of service with the Company or a hardship, the Director may elect either (i) a single lump sum of cash distribution of her Deferred Stock Unit Account, or (ii) a single distribution of her Deferred Stock Unit Account in the form of the Company's restricted common stock. The number of shares of common stock to be issued will be equal to the number of Deferred Stock Units credited to the Director's Account.