STOVALL DAVID H JR 4
4 · STEIN MART INC · Filed Jan 5, 2009
Insider Transaction Report
Form 4
STEIN MART INCSMRT
STOVALL DAVID H JR
President & CEO
Transactions
- Award
Non-Qualified Stock Option (to purchase)
2009-01-02+200,000→ 200,000 totalExercise: $1.28From: 2011-01-02Exp: 2016-01-02→ Common Stock, $0.01 par value (200,000 underlying)
Footnotes (1)
- [F1]Granted pursuant to Stein Mart, Inc. 2001 Omnibus Plan. One-third of the options vest on December 5 in each of the years 2009, 2010 and 2011. No vested options may be exercised until January 2, 2011. Shares acquired on exercise of the options may not be sold until the earlier of (1) one year from the date of exercise, or (2) a change of control of the Company.