LUNDY RUSS II 4
4 · STAGE STORES INC · Filed Mar 30, 2020
Insider Transaction Report
Form 4
LUNDY RUSS II
SVP, Peebles Stores
Transactions
- Disposition to Issuer
Common Stock
2020-03-26$0.44/sh−30,000$13,200→ 162,541 total - Disposition to Issuer
Common Stock
2020-03-27$0.40/sh−18,750$7,500→ 162,541 total - Disposition to Issuer
Common Stock
2020-03-28$0.40/sh−15,000$6,000→ 162,541 total - Exercise/Conversion
Common Stock
2020-03-26+30,000→ 192,541 total - Exercise/Conversion
Common Stock
2020-03-27+18,750→ 181,291 total - Exercise/Conversion
Common Stock
2020-03-28+15,000→ 177,541 total - Exercise/Conversion
2017 Restricted Stock Unit - 3/28/2017
2020-03-28−15,000→ 15,000 total→ Common Stock (15,000 underlying) - Exercise/Conversion
2019 Restricted Stock Unit - 3/26/2019
2020-03-26−30,000→ 90,000 total→ Common Stock (30,000 underlying) - Exercise/Conversion
2018 Restricted Stock Unit - 3/27/2018
2020-03-27−18,750→ 37,500 total→ Common Stock (18,750 underlying)
Holdings
- 62(indirect: By Spouse)
Common Stock
Footnotes (11)
- [F1]Represents the vesting and cash settlement of restricted stock units ("RSU") in accordance with the terms of the award agreement granted on March 26, 2019.
- [F10]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 28, 2017.
- [F11]Represents the portion of the cash-settled RSUs granted on March 28, 2017 that vested on March 28, 2020.
- [F2]Represents the vesting and cash settlement of RSUs in accordance with the terms of the award agreement granted on March 27, 2018.
- [F3]Represents the vesting and cash settlement of RSUs in accordance with the terms of the award agreement granted on March 28, 2017.
- [F4]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F5]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.
- [F6]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 26, 2019.
- [F7]Represents the portion of the cash-settled RSUs granted on March 26, 2019 that vested on March 26, 2020.
- [F8]The RSUs vest 25% per year on the first four anniversary dates from the grant date of March 27, 2018.
- [F9]Represents the portion of the cash-settled RSUs granted on March 27, 2018 that vested on March 27, 2020.