Levine Jay S. 4
4 · Ascena Retail Group, Inc. · Filed Jun 21, 2012
Insider Transaction Report
Form 4
Levine Jay S.
SVP, Chief Accounting Officer
Transactions
- Award
Restricted Share Units
2012-06-19+5,000→ 5,000 total→ Common (5,000 underlying)
Holdings
- 2,500
Restricted Share Units
→ Common (2,500 underlying) - 10,000
Performance Share Units
→ Common (10,000 underlying) - 2,500
Common
- 40,000
Option to Buy
Exercise: $13.13From: 2012-09-21Exp: 2021-09-21→ Common (40,000 underlying) - 40,000
Option To Buy'
Exercise: $16.31From: 2012-06-02Exp: 2021-06-02→ Common (40,000 underlying)
Footnotes (8)
- [F1]Granted under the Company's 2010 Stock Incentive Plan.
- [F2]Exercisable in four equal installments with the first installment on the date indicated.
- [F3]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).
- [F4]These shares vested 50% on the one year anniversary date (i.e. June 2, 2012), and another 50% will vest the two year anniversary date of the grant (i.e. June 2, 2013).
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Ascena common stock.
- [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 2012, 2013 and 2014.
- [F7]Restricted shares units issued under the Company's 2010 Stock Incentive Plan.
- [F8]These units vest in two equal installmnt on June 19, 2013 and June 19, 2014.