ANN INC. 4
4 · ANN INC. · Filed Aug 20, 2015
Insider Transaction Report
Form 4
ANN INC.ANN
Nicholson Michael J
EVP & Chief Financial Officer
Transactions
- Award
Common Stock
2015-08-18+7,427→ 339,089 total
Holdings
- 10,100(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]This represents performance-vesting restricted stock that has been earned by the executive pursuant to performance-based awards made to him in March 2013, March 2014 and March 2015. These shares are scheduled to vest in March 2016 if the executive remains employed by the Company on those dates. All shares of outstanding restricted stock will fully vest and be settled for merger consideration in connection with the transaction contemplated by the Agreement and Plan of Merger, dated as of May 17, 2015, by and among ANN INC., ascena retail group, inc. and Avian Acquisition Corp.
- [F2]Includes holdings of approximately 11,178 shares in the Company's Associate Discount Stock Purchase Plan.