GLASS ROBERT 4

4 · LOEHMANNS HOLDINGS INC · Filed Oct 15, 2004

Form 4

Period: 2004-10-13

DirectorCOO, CFO and Secretary

Transactions

Disposition to Issuer
Option to Purchase Common Stock
2004-10-13$15.25/sh−68,033$1,037,503→ 0 total
Exercise: $7.75Exp: 2012-05-09→ Common Stock (68,033 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2004-10-13−81,967→ 68,033 total
Exercise: $7.75Exp: 2012-05-09→ Common Stock (81,967 underlying)
Disposition to Issuer
Option to Purchase Common Stock
2004-10-13$16.88/sh−165,000$2,784,375→ 0 total
Exercise: $6.13Exp: 2012-03-24→ Common Stock (165,000 underlying)

Holdings

Footnotes (5)

[F1]These represent one class of options which become exercisable in three equal installments of 50,000 on each of June 30, 2004, June 30, 2005 and June 30, 2006.
[F2]Pursuant to an Agreement and Plan of Merger (the "Plan"), dated as of April 27, 2004 among Designer Apparel Holding Company, DAH Merger Corporation and Loehmann's Holdings Inc., these options were assumed by the surviving corporation in the merger (the "Merger") consummated pursuant to the Plan.
[F3]These options were canceled immediately prior to the Merger. The reporting person received a cash payment of $1,037,504, representing the difference between the exercise price of the options and the merger consideration of $23.00 per share of Loehmann's Holdings Inc. common stock in connection with the cancellation.
[F4]This option was canceled immediately prior to the Merger. The reporting person received a cash payment of $2,784,375, representing the difference between the exercise price of the option and the merger consideration of $23.00 per share of Loehmann's Holdings Inc. common stock in connection with the cancellation.
[F5]Immediately exercisable.

Documents

1 file