CIRCUIT CITY STORES INC 4
4 · CIRCUIT CITY STORES INC · Filed Dec 16, 2004
Insider Transaction Report
Form 4
Wick Randall W
Senior Vice President
Transactions
- Award
Employee Stock Option (Right to Buy)
2004-12-15+25,000→ 25,000 totalExercise: $14.86Exp: 2014-12-15→ Common Stock (25,000 underlying) - Award
Circuit City Stores, Inc. Common Stock
2004-12-15+18,450→ 18,450 total
Footnotes (4)
- [F1]Employee stock option grant.
- [F2]N/A (Restricted Stock Grant)
- [F3]The actual number of shares earned under this restricted stock grant will be based on Circuit City's fiscal year 2006 operating profit margin. If Circuit City's fiscal year 2006 operating profit margin performance is below 4%, it will be at the Committee's discretion whether shares will vest; at 4%, 100% will vest; at 4.5%, 125% will vest; at 5%, 150% will vest; at 5.5%, 175% will vest; and at 6%, 200% will vest.
- [F4]The options vest in three equal annual installements beginning on December 15, 2005.