HUNTER STEVEN L 4
4 · STAGE STORES INC · Filed May 13, 2019
Insider Transaction Report
Form 4
HUNTER STEVEN L
EVP, Chief Information Officer
Transactions
- Disposition to Issuer
Common Stock
2019-05-11$1.06/sh−7,500$7,950→ 98,741 total - Exercise/Conversion
Common Stock
2019-05-11+7,500→ 106,241 total - Exercise/Conversion
2017 Restricted Stock Unit - 5/11/2017
2019-05-11−7,500→ 15,000 total→ Common Stock (7,500 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 May 11, 2017.
- [F2]Each 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 May 11, 2017.
- [F4]Represents the portion of the cash-settled RSUs granted on May 11, 2017 that vested on May 11, 2019.