REYNOLDS CHADWICK P 4
4 · STAGE STORES INC · Filed Mar 29, 2018
Insider Transaction Report
Form 4
REYNOLDS CHADWICK P
SVP, CLO and Secretary
Transactions
- Award
2018 Restricted Stock Unit - 3/27/2018
2018-03-27+75,000→ 75,000 total→ Common Stock (75,000 underlying) - Exercise/Conversion
2017 Restricted Stock Unit - 3/28/2017
2018-03-28−15,000→ 45,000 total→ Common Stock (15,000 underlying)
Footnotes (4)
- [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 cashsettlement 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 RSUs vest 25% per year on the first four anniversary dates from the grant date of March 27, 2018.
- [F3]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 28, 2017.
- [F4]Represents the portion of the cash-settled RSUs granted on March 28, 2017 that vested on March 28, 2018. Vested RSUs are to be settled within 30 days after the vesting date.