Costa Jennifer E 4
4 · STAGE STORES INC · Filed Mar 29, 2019
Insider Transaction Report
Form 4
Costa Jennifer E
SVP, General Counsel
Transactions
- Exercise/Conversion
Common Stock
2019-03-27+6,875→ 12,561 total - Disposition to Issuer
Common Stock
2019-03-27$0.95/sh−6,875$6,531→ 5,686 total - Exercise/Conversion
2018 Restricted Stock Unit - 3/27/2018
2019-03-27−6,875→ 20,625 total→ Common Stock (6,875 underlying)
Footnotes (4)
- [F1]Represents the vesting and cash settlement of restricted stock units ("RSU") in accordance with the terms of the award agreement granted on March 27, 2018.
- [F2]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.
- [F3]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 27, 2018.
- [F4]Represents the portion of the cash-settled RSUs granted on March 27, 2018 that vested on March 27, 2019.