STAGE STORES INC 4
4 · STAGE STORES INC · Filed Mar 28, 2017
Insider Transaction Report
Form 4
Gentner William E
EVP, Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2017-03-26$1.98/sh−721$1,428→ 57,670 total - Tax Payment
Common Stock
2017-03-24$1.98/sh−2,532$5,013→ 58,391 total - Award
Restricted Stock Unit
2017-03-28+60,000→ 60,000 total→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents the right to receive, at settlement, cash equal to the fair market value of one share of the Issuer's common stock on the vesting date. Upon vesting, each cash settlement shall not exceed five times the per share fair market value of the Issuer's common stock on the grant date multiplied by the number of RSUs vesting.
- [F2]The restricted stock units vest 25% per year on the first four anniversary dates from the date of grant.