Maloney Richard A 4
4 · STAGE STORES INC · Filed Mar 31, 2009
Insider Transaction Report
Form 4
Maloney Richard A
President, COO Peebles
Transactions
- Award
Stock Appreciation Rights (SARs)
2009-03-27+45,000→ 145,000 totalExercise: $9.77From: 2010-03-27Exp: 2016-03-27→ Common Stock (45,000 underlying)
Footnotes (1)
- [F1]On March 27, 2009, the reporting person was granted Stock Appreciation Rights (SARs) with respect to a total of 45,000 shares of common stock. The grant price for the SARs is $9.77 per share of common stock, which was the closing price of the Issuer's common stock on that date. The SARs will vest 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 termination of employment (one year if termination is due to death, disability or retirement), or (ii) seven years from the date of grant.