STEIN JAY 4
4 · STEIN MART INC · Filed Dec 4, 2018
Insider Transaction Report
Form 4
STEIN MART INCSMRT
STEIN JAY
DirectorChairman of the Board
Transactions
- Gift
Common Stock
2018-12-03−4,500,000→ 674,799 total - Gift
Common Stock
2018-12-03+4,500,000→ 4,500,000 total(indirect: By Trust) - Gift
Common Stock
2018-12-03+4,500,000→ 4,500,000 total(indirect: By Trust) - Other
Common Stock
2018-11-30$1.37/sh+4,500,000$6,165,000→ 5,174,799 total - Other
Common Stock
2018-11-30$1.37/sh−4,500,000$6,165,000→ 0 total(indirect: By Trust) - Other
Common Stock
2018-11-30$1.37/sh+4,500,000$6,165,000→ 9,674,799 total - Other
Common Stock
2018-11-30$1.37/sh−4,500,000$6,165,000→ 0 total(indirect: By Trust) - Gift
Common Stock
2018-12-03−4,500,000→ 5,174,799 total
Holdings
- 2,468,826(indirect: By Partnership)
Common Stock
- 1,273,694(indirect: By Trust)
Common Stock
- 133,709(indirect: Cary Ventures, Inc.)
Common Stock
- 773,694(indirect: By Trust)
Common Stock
- 250,000(indirect: By Trust)
Common Stock
- 731,600(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]In accordance with the provisions of each of the Berry Hattie Stein 2018 Grantor Retained Annuity Trust and the Jay Meredith Stein 2018 Grantor Retained Annuity Trust (together, the "GRATs"), Jay Stein elected to substitute certain assets for 4,500,000 shares of common stock of Stein Mart, Inc. from each of the GRATs (the "Substitutions"). The Substitutions may be deemed to be purchases. The purchase price reflects the average of the high and low price of the shares of common stock of Stein Mart, Inc. on the date of the Substitutions in accordance with the terms of the GRATs.