ELIZABETH ARDEN INC 4
4 · ELIZABETH ARDEN INC · Filed Sep 24, 2013
Insider Transaction Report
Form 4
TRAPPMANN DIRK
EVP and General Mgr. - Int'l
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2013-09-23−3,200→ 1,600 totalExercise: $31.78From: 2013-08-13Exp: 2022-08-13→ Common Stock, $.01 par value (3,200 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2013-09-23$31.78/sh+3,200$101,696→ 7,134 total - Sale
Common Stock, $.01 par value
2013-09-23$34.88/sh−3,200$111,606→ 3,934 total - Sale
Common Stock, $.01 par value
2013-09-23$34.68/sh−4,466$154,881→ 3,934 total
Footnotes (4)
- [F1]Reflects the weighted average price of 4,466 shares of common stock of the Issuer sold by the Reporting Person in multiple transactions on September 23, 2013 with the sale price ranging from $34.56 to $35.03 per share. The Reporting Person undertakes to provide upon request by the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F2]Includes 3,934 service-based restricted stock units.
- [F3]Reflects the weighted average price of 3,200 shares of common stock of the Issuer sold by the Reporting Person in multiple transactions on September 23, 2013 with the sale price ranging from $34.68 to $35.02 per share. The Reporting Person undertakes to provide upon request by the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]This stock option becomes exercisable in equal thirds over a three-year period. The first third became exercisable on August 13, 2013. The other two thirds will become exercisable on August 13, 2014 and August 13, 2015, respectively, but only if the Reporting Person is still employed with the Issuer on the applicable vesting date.