4//SEC Filing
WET SEAL INC 4
Accession 0000863456-14-000145
CIK 0000863456operating
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 4:55 PM ET
Size
371.4 KB
Accession
0000863456-14-000145
Insider Transaction Report
Form 4
WET SEAL INCWTSL
Kubo Jon
Sr. Vp. E-Commerce & CIO
Transactions
- Award
Non-Qualified Stock Option (right-to-buy)
2014-10-06$0.57/sh+266,667$152,000→ 266,667 totalExercise: $0.63From: 2015-10-06Exp: 2024-10-06→ Non-Qualified Stock Option (right-to-buy) (266,667 underlying) - Award
Common Stock Class A
2014-10-06$0.57/sh+190,476$108,571→ 190,476 total
Footnotes (2)
- [F1]On October 6, 2014, restricted stock units were granted pursuant to The Wet Seal, Inc. 2005 Amended and Restated Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The restricted stock units vest with respect to 33 1/3% of the shares on each of the next three (3) anniversaries of the Date of Grant until the restricted stock units are 100% vested, subject to Executives continuous service with the company on each of those vesting dates.
- [F2]Represents Non-Qualified Stock Option (right-to-buy) granted under the Company's 2005 Amended and Restated Stock Incentive Plan. The stock option becomes exercisable in three equal annual installments, commencing one year after the date of grant.
Issuer
WET SEAL INC
CIK 0000863456
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000863456
Filing Metadata
- Form type
- 4
- Filed
- Oct 9, 8:00 PM ET
- Accepted
- Oct 10, 4:55 PM ET
- Size
- 371.4 KB