WEST MARINE INC 4
4 · WEST MARINE INC · Filed May 31, 2016
Insider Transaction Report
Form 4
WEST MARINE INCWMAR
REPASS RANDOLPH K
10% Owner
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2016-05-26+10,123→ 10,123 totalExercise: $8.99From: 2017-05-26Exp: 2023-05-26→ Common Stock (10,123 underlying) - Award
Common Stock
2016-05-26+2,780→ 3,932,447 total
Holdings
- 277,715(indirect: By Trust)
Common Stock
- 40,400(indirect: By Trust)
Common Stock
- 147,800(indirect: By Trust)
Common Stock
- 234,600(indirect: By Spouse)
Common Stock
- 1,500,000(indirect: (see Footnote))
Common Stock
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") that vest on the earlier of May 26, 2017 or the date of West Marine's 2017 Annual Meeting of Stockholders.
- [F2]This award of RSUs was issued pursuant to the terms of the West Marine, Inc. Omnibus Equity Incentive Plan, as amended and restated. Each RSU represents a contingent right to receive one share of common stock upon vesting.
- [F3]Held in a grantor retained annuity trust ("GRAT"). Mr. Repass, as trustee, holds sole investment power over the shares held by the GRAT, and his brother-in-law, James Suozzo, holds sole voting power over the shares held by the GRAT.
- [F4]This award was issued pursuant to the terms of the West Marine, Inc. Omnibus Equity Incentive Plan, as amended and restated.