Levine Jay S. 4
4 · Ascena Retail Group, Inc. · Filed Sep 23, 2011
Insider Transaction Report
Form 4
Levine Jay S.
SVP, Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
2011-09-21+5,000→ 5,000 total→ Common (5,000 underlying) - Award
Option to Buy
2011-09-21+20,000→ 20,000 totalExercise: $27.26From: 2012-09-21Exp: 2021-09-21→ Common (20,000 underlying)
Holdings
- 20,000
Common
Exercise: $32.62From: 2012-06-02Exp: 2021-06-02→ Common (20,000 underlying) - 2,500
Common
Footnotes (5)
- [F1]Restricted share units issued under the Comnpany's 2010 Stock Incentive Plan. These shares will vest 50% on the one year anniversary date (i.e. June 2, 2012), and another 50% on the two year anniversary date of the grant (i.e. June 2, 2013).
- [F2]Granted under the Company's 2010 Stock Incentive Plan.
- [F3]Exercisable in four equal installments with the first installment on the date indicated.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ascena common stock.
- [F5]The number of RSU's to be received will be based upon the percentage achievement by Ascena of certain financial performance targets for Ascena's fiscal years 2012, 2013 and 2014.