RUBY TUESDAY INC 4/A
4/A · RUBY TUESDAY INC · Filed Jan 31, 2005
Insider Transaction Report
Form 4/AAmended
COOPER G PRICE IV
VP - Investor Relations
Transactions
- Award
Stock Option (Right to Buy)
2004-08-16+477→ 477 totalExercise: $28.79From: 2005-05-31Exp: 2009-06-01→ $.01 Par Common (477 underlying)
Footnotes (1)
- [F1]Pursuant to the Company's Management Stock Option Program under the Ruby Tuesday, Inc. Stock Option Plan, upon meeting certain Company financial goals, the Reporting Person received a 30-day option to purchase up to a pre-established number of shares of common stock. Upon the exercise of such 30-day option, the Reporting Person received (i) additional shares of common stock equal to 15% of the shares acquired upon the exercise of such option, and (ii) an option to purchase up to 3 times the aggregate number of shares acquired upon the exercise of the 30-day option (including the additional 15%), all in accordance with the terms of the Program. The options have a 5-year term subject to earlier termination upon certain terminations of employment and vesting thereof may be accelerated upon a change of control of the Company.