WEBER THORSTEN I 4
4 · STAGE STORES INC · Filed Mar 29, 2019
Insider Transaction Report
Form 4
WEBER THORSTEN I
EVP, Chief Merch. Officer
Transactions
- Disposition to Issuer
Common Stock
2019-03-27$0.95/sh−37,500$35,625→ 113,901 total - Disposition to Issuer
Common Stock
2019-03-28$0.98/sh−37,500$36,750→ 113,901 total - Exercise/Conversion
2017 Restricted Stock Unit - 3/28/2017
2019-03-28−37,500→ 75,000 total→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2019-03-27+37,500→ 151,401 total - Exercise/Conversion
Common Stock
2019-03-28+37,500→ 151,401 total - Exercise/Conversion
2018 Restricted Stock Unit - 3/27/2018
2019-03-27−37,500→ 112,500 total→ Common Stock (37,500 underlying)
Footnotes (7)
- [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]Represents the vesting and cash settlement of restricted stock units ("RSU") in accordance with the terms of the award agreement granted on March 28, 2017.
- [F3]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.
- [F4]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 27, 2018.
- [F5]Represents the portion of the cash-settled RSUs granted on March 27, 2018 that vested on March 27, 2019.
- [F6]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 28, 2017.
- [F7]Represents the portion of the cash-settled RSUs granted on March 28, 2017 that vested on March 28, 2019.