4//SEC Filing
SALOVAARA MIKAEL 4
Accession 0000104599-07-000049
CIK 0000104599other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 1:30 PM ET
Size
13.1 KB
Accession
0000104599-07-000049
Insider Transaction Report
Form 4
SALOVAARA MIKAEL
Director
Transactions
- Exercise/Conversion
Phantom Stock
2007-06-15+1,550→ 14,602.264 total→ Common Stock (1,550 underlying) - Exercise/Conversion
Phantom Stock
2007-06-15+22.545→ 14,624.81 total→ Common Stock (22.545 underlying) - Exercise/Conversion
Restricted Stock Units (2004 Award)
2007-06-15−1,550→ 22.545 total→ Common Stock (1,550 underlying) - Exercise/Conversion
Restricted Stock Units (2004 Award)
2007-06-15−22.545→ 0 total→ Common Stock (22.545 underlying)
Footnotes (4)
- [F1]This director has elected to defer payment under the Restricted Stock Unit Deferral Program (the "Program") of the restricted stock units issued under the Circuit City Stores, Inc. 2000 Non-Employee Director Stock Incentive Plan. Vested deferred shares are held as "phantom stock" in a phantom stock account. Dividends on vested and unvested shares will be reinvested until distributions are made. The shares underlying the phantom stock units in the director's account will be distributed to the director when he or she ceases to serve as a director of the company.
- [F2]Thirty-three and one third percent (33 1/3%) of the restricted stock units granted on 6/15/2004 have vested and this director has elected to defer receipt of the restricted stock until he ceases to serve as a director of the Company.
- [F3]Thirty-three and one third percent (33 1/3%) of the Units paid as a dividend in connection with the restricted stock units granted on 6/15/2004 have vested and are now included in the phantom stock account until the reporting person ceases to serve as a director of the company.
- [F4]1 for 1
Documents
Issuer
CIRCUIT CITY STORES INC
CIK 0000104599
Entity typeother
Related Parties
1- filerCIK 0001209887
Filing Metadata
- Form type
- 4
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 1:30 PM ET
- Size
- 13.1 KB