4//SEC Filing
MONTGOMERY R LAWRENCE 4
Accession 0000892712-08-000914
CIK 0000885639other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 4:25 PM ET
Size
6.6 KB
Accession
0000892712-08-000914
Insider Transaction Report
Form 4
MONTGOMERY R LAWRENCE
DirectorChairman and CEO
Transactions
- Award
Employee Stock Options
2008-11-17+250,000→ 250,000 totalExercise: $27.45Exp: 2015-11-17→ Common Shares (250,000 underlying)
Footnotes (2)
- [F1]This grant was made to compensate Mr. Montgomery for losses he suffered in April 2004 due to an administrative error by the Company's Human Resources staff. At the time, it was Company policy that the Human Resources staff was responsible for keeping senior executive officers informed of upcoming option expiration dates and facilitating the exercise of those options. As a result of incorrect information provided to Mr. Montgomery, 120,000 of Mr. Montgomery's vested, in-the-money stock options expired without his knowledge. The expired options had an in-the-money value of approximately $5 million on the date they expired.
- [F2]Exercisable in five equal annual installments on the first through fifth anniversaries of the Grant Date, provided that upon a termination of Mr. Montgomery's employment, the remaining unvested portion of the options shall vest in equal installments on an annual basis over the period of time Mr. Montgomery is then contractually prohibited from engaging in activities which are competitive with those of the Company.
Documents
Issuer
KOHLS CORPORATION
CIK 0000885639
Entity typeother
Related Parties
1- filerCIK 0001238806
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 4:25 PM ET
- Size
- 6.6 KB