ALCO STORES INC 4

4 · ALCO STORES INC · Filed Jun 4, 2013

Form 4

Period: 2013-05-24

SVP Marketing & Ecommerce

Transactions

Award
Stock option (right to buy 05/24/2013)
2013-05-24+7,500→ 30,000 total
Exercise: $9.31From: 2014-05-24Exp: 2023-05-24→ Common stock (7,500 underlying)
Award
Restricted stock
2013-05-24+2,500→ 32,500 total
From: 2014-05-24→ Common stock (2,500 underlying)

Holdings

Stock option (right to buy 07/06/2012)
Exercise: $9.43From: 2013-07-06Exp: 2022-07-06→ Common stock (4,500 underlying)
12,000
Stock option (performance based 07/06/2012)
Exercise: $9.43Exp: 2022-07-06→ Common stock (10,500 underlying)
22,500
Stock option (right to buy 04/30/2012)
Exercise: $9.82From: 2013-04-30Exp: 2017-04-30→ Common stock (7,500 underlying)
7,500

Footnotes (7)

[F1]The options become exercisable in four equal installments on April 30, 2013, 2014, 2015, and 2016.
[F2]Mr. Streit was not an Executive Officer when the April 30, 2012 stock option was granted therefore it was not reported at that time.
[F3]The options become exercisable in four equal installments on July 6, 2013, 2014, 2015, and 2016.
[F4]The options will one-half vest when Alco Stores, Inc. reaches a target Return on Equity of 5% as defined in the Company's Bonus Plan; and the remaining one-half will vest 12 months later if the optionee is still an employee of Alco Stores, Inc.
[F5]The options vest in four equal installments on May 24, 2014, 2015, 2016, and 2017.
[F6]The restricted stock vests in four equal installments on May 24, 2014, 2015, 2016, and 2017. Shares of restricted stock convert to shares of the Company's common stock upon vesting.
[F7]The restricted stock does not have an expiration date.

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