4//SEC Filing
CIRCUIT CITY STORES INC 4
Accession 0000104599-07-000037
CIK 0000104599operating
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 6:16 PM ET
Size
23.2 KB
Accession
0000104599-07-000037
Insider Transaction Report
Form 4
FOSS MICHAEL
EVP, CFO
Transactions
- Award
Employee Stock Option (Right to Purchase)
2007-04-17+100,000→ 100,000 totalExercise: $16.62Exp: 2007-12-31→ Common Stock (100,000 underlying) - Award
Employee Stock Option (Right to Purchase)
2007-04-17+7,500→ 7,500 totalExercise: $6.81Exp: 2007-12-31→ Common Stock (7,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2007-04-17−7,500→ 0 totalExercise: $6.81Exp: 2011-06-16→ Common Stock (7,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2007-04-17−37,500→ 0 totalExercise: $7.39Exp: 2013-06-17→ Common Stock (37,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2007-04-17−200,000→ 0 totalExercise: $16.62Exp: 2015-06-21→ Common Stock (200,000 underlying) - Award
Employee Stock Option (Right to Purchase)
2007-04-17+25,000→ 25,000 totalExercise: $12.84Exp: 2007-12-31→ Common Stock (25,000 underlying) - Award
Employee Stock Option (Right to Purchase)
2007-04-17+37,500→ 37,500 totalExercise: $7.39Exp: 2007-12-31→ Common Stock (37,500 underlying) - Disposition to Issuer
Employee Stock Option (Right to Purchase)
2007-04-17−25,000→ 0 totalExercise: $12.84Exp: 2014-08-17→ Common Stock (25,000 underlying)
Footnotes (4)
- [F1]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on June 16, 2003 and provided for vesting in three equal annual installments commencing on June 16, 2004. Vesting was accelerated for 7,500 non-qualified stock options that otherwise would not have become vested due to the reporting person's resignation. The post-termination exercise period was extended to December 31, 2007.
- [F2]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on June 21, 2005 and provided for vesting in three equal annual installments commencing on June 21, 2006. Vesting was accelerated for 50,000 non-qualified stock options that otherwise would not have become vested due to the reporting person's resignation. The post-termination exercise period was extended to December 31, 2007 for the 50,000 options accelerated and for 50,000 options that were previously vested. The remaining 100,000 options from the original grant were forfeited and cancelled.
- [F3]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on August 17, 2004 and provided for vesting in three equal annual installments commencing on September 1, 2005. Vesting was accelerated for 8,333 non-qualified stock options that otherwise would not have become vested due to the reporting person's resignation. The post-termination exercise period was extended to December 31, 2007 for the 8,333 options accelerated and for 16,667 options that were previously vested.
- [F4]The reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on June 17, 2003 and vested 100% on February 28, 2006. The post-termination exercise period was extended to December 31, 2007.
Documents
Issuer
CIRCUIT CITY STORES INC
CIK 0000104599
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000104599
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 6:16 PM ET
- Size
- 23.2 KB