REINCKENS THOMAS E 4

Accession 0000902664-05-000029

CIK 0000350199other

View on SEC.gov Company Profile

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 3:14 PM ET

Size

15.2 KB

Accession

0000902664-05-000029

Insider Transaction Report

Form 4

Period: 2004-12-06

CACHE INCCACH

REINCKENS THOMAS E

DirectorChairman and CEO

Transactions

Exercise of In-Money
Common Stock
2004-12-06$4.69/sh+15,000$70,350→ 50,578 total
Exercise of In-Money
Stock Options
2004-12-06−15,000→ 53,250 total
Exercise: $4.69From: 2005-04-16Exp: 2012-04-16→ Common Stock (53,250 underlying)
Other
Stock Options
2004-01-22−0→ 52,500 total
Exercise: $15.17From: 2008-01-22Exp: 2014-01-22→ Common Stock (52,500 underlying)
Other
Stock Options
2003-07-22−0→ 187,500 total
Exercise: $12.65From: 2007-07-22Exp: 2013-07-22→ Common Stock (187,500 underlying)

Footnotes (11)

[F1]Prior to the 1.5:1.0 split of the Company's common stock in June 2004, the exercise price for Mr. Reinckens' options outstanding under this grant was $7.04 per share. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the exercise price has been modified and is now $4.69 per share.
[F10]The options granted to Mr. Reinckens are subject to accelerated vesting under certain circumstances. The granted options may become exercisable earlier at the rate of 25% per 12-month period for the 12-month period-ended January 22, 2005, January 22, 2006 and January 22, 2007, to the extent of the Company's earning plan as approved by the Administrator, is achieved, based on the following scale.
[F11]Options were initially granted for 35,000 shares of common stock of the Company. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the number of options was increased to 52,500 as a result of a 1.5:1.0 of the Company's common stock in June 2004.
[F2]Options to acquire 15,000 shares vested in accordance with the accelerated vesting schedule previously disclosed. Options to acquire 36,188 additional shares have also vested based on this schedule.
[F3]Prior to the 1.5:1.0 split of the Company's common stock in June 2004, Mr. Reinckens had 45,500 options outstanding under this grant. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the number of options was increased to 68,250, of which 15,000 were exercised in this transaction.
[F4]N/A.
[F5]Prior to the 1:5:1:0 split of the Company's common stock in June 2004, the exercise price for Mr. Reinckens' options outstanding under this grant was $18.97 per share. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the exercise price has been modified and is now $12.65 per share.
[F6]Amendment is solely to reflect price and share adjustments resulting from the June 2004 stock split.
[F7]The options granted to Mr. Reinckens are subject to accelerated vesting under certain circumstances. The granted options may become exercisable earlier at the rate of 25% per 12-month period for the 12-month period-ended July 22, 2004, July 22, 2005 and July 22, 2006, to the extent of the Company's earning plan as approved by the Administrator, is achieved, based on the following scale. Twenty-five percent of Mr. Reinckens' options, representing options to purchase 46,875 shares of common stock, vested on July 22, 2004 pursuant to this formula; Percentage of Plan Earnings/Options which will become Exercisable Greater than or equal to 90% / 25% Greater than or equal to 75% but less than 90% / 20% Greater than or equal to 60% but less than 75% / 15% Less than 60% / -0-
[F8]Options were initially granted for 125,000 shares of common stock of the Company. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the number of options was increased to 187,500 as a result of a 1.5:1.0 of the Company's common stock in June 2004.
[F9]Prior to the 1:5:1:0 split of the Company's common stock in June 2004, the exercise price for Mr. Reinckens' options outstanding under this grant was $22.75 per share. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the exercise price has been modified and is now $15.17 per share.

Documents

1 file

4
srz05-0012_ex.xmlPrimary

Issuer

CACHE INC

CIK 0000350199

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Entity typeother

Related Parties

filerCIK 0001258101

Filing Metadata

Form type: 4
Filed: Jan 6, 7:00 PM ET
Accepted: Jan 7, 3:14 PM ET
Size: 15.2 KB

View on SEC.gov