Levine Jay S. 4
4 · Ascena Retail Group, Inc. · Filed Dec 8, 2011
Insider Transaction Report
Form 4
Levine Jay S.
SVP, Chief Accounting Officer
Transactions
- Award
Restricted Share Units
2011-12-06+3,900→ 3,900 total→ Common (3,900 underlying)
Holdings
- 2,500
Common
- 20,000
Option to Buy
Exercise: $26.27From: 2012-09-21Exp: 2021-09-21→ Common (20,000 underlying) - 20,000
Option To Buy
Exercise: $32.62From: 2012-06-02Exp: 2021-06-02→ Common (20,000 underlying) - 0
Restricted Share Units
→ Common (5,000 underlying)
Footnotes (6)
- [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.
- [F6]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 2011, 2012 and 2013.