CIRCUIT CITY STORES INC 4
4 · CIRCUIT CITY STORES INC · Filed Feb 16, 2005
Insider Transaction Report
Form 4
White Michael J
Senior Vice President
Transactions
- Award
Circuit City Stores Inc Common Stock(Restricted Stock Grant)
2005-02-14+11,062→ 32,703.924 total - Award
Employee Stock Option (Right to Purchase)
2005-02-14+25,000→ 25,000 totalExercise: $14.20Exp: 2015-02-14→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]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.
- [F2]N/A (Restricted Stock Grant)
- [F3]The options vest in three equal annual installements beginning on February 14, 2006.
- [F4]Employee stock option grant.