BARNEYS NEW YORK INC 4
4 · BARNEYS NEW YORK INC · Filed Dec 22, 2004
Insider Transaction Report
Form 4
GREENHAUS SHELLEY F
Director
Transactions
- Sale
Common Stock
2004-12-20$19.00/sh−5,159,661$98,033,559→ 0 total(indirect: _) - Disposition to Issuer
Stock Option (Right to Buy)
2004-12-20$10.32/sh−5,000$51,600→ 0 totalExercise: $8.68Exp: 2009-03-10→ Common Stock (5,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2004-12-20$9.38/sh−25,000$234,500→ 0 totalExercise: $9.63Exp: 2011-06-19→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The Reporting Person is a managing director and a stockholder of Whippoorwill Associates, Inc. ("Whippoorwill"), a registered investment adviser. Whippoorwill, through various limited partnerships, a corporation, a trust and third-party accounts for which it has discretionary authority, may be deemed to be the beneficial owner of these equity securities of the Issuer. As a result of the Reporting Person's relationship with Whippoorwill, the Reporting Person may be deemed to have beneficial ownership of these securities of the Issuer because Whippoorwill may be deemed the beneficial owner thereof. However, the Reporting Person and Whipporwill disclaim beneficial ownership in all such securities to the extent that they do not have a pecuniary interest therein.
- [F2]Not applicable.
- [F3]Pursuant to the Reporting Person's employment arrangements with Whippoorwill, the Reporting Person is required to transfer to Whippoorwill, for the benefit of Whippoorwill's discretionary accounts, the economic benefit of any shares the Reporting Person receives upon exercise of stock options granted under the Issuer's Stock Option Plan for Non-Employee Directors.