SWARTZ JOANNE 4
4 · STAGE STORES INC · Filed Mar 21, 2006
Insider Transaction Report
Form 4
SWARTZ JOANNE
EVP, Sales and Marketing
Transactions
- Award
Stock Appreciation Rights (SARs)
2006-03-17$28.77/sh+8,000$230,160→ 70,320 totalExercise: $28.77From: 2007-03-17Exp: 2013-03-17→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]Includes all derivative securities currently owned by the reporting person including those previously reported and options to purchase 20,773 shares of the issuer's common stock received by the reporting person on August 19, 2005 as a result of the three-for-two split of the issuer's common stock payable as a stock dividend to all holders of record of the issuer's common stock at the close of business on August 4, 2005 and the antidilution provisions of the issuer's Amended and Restated 2001 Equity Incentive Plan as approved by the issuer's shareholders on June 3, 2004.
- [F2]On March 17, 2006, Ms. Swartz was granted Stock Appreciation Rights (SARs) with respect to a total of 8,000 shares of common stock. The grant price for the SARs is $28.77 per share of common stock. The SARs will vest at the rate of 25% per year on the first four anniversary dates from the date of grant. They will expire on the earlier of (i) sixty days after Ms. Swartz is no longer an officer of Stage Stores Inc. or (ii) seven years from the date of grant.