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CHARLES PETER J 4

Accession 0000921691-12-000020

CIK 0000921691other

Filed

Sep 26, 8:00 PM ET

Accepted

Sep 27, 1:29 PM ET

Size

10.0 KB

Accession

0000921691-12-000020

Insider Transaction Report

Form 4
Period: 2012-09-25
CHARLES PETER J
Chief Supply Chain Officer
Transactions
  • Disposition to Issuer

    Option to Buy

    2012-09-25$5.95/sh25,000$148,7500 total
    Exercise: $9.30Exp: 2019-10-28Class A Common Stock (25,000 underlying)
  • Disposition to Issuer

    Class A Common Stock

    2012-09-25$15.25/sh3,125$47,6560 total
  • Disposition to Issuer

    Option to Buy

    2012-09-25$3.45/sh20,000$69,0000 total
    Exercise: $11.80Exp: 2020-05-27Class A Common Stock (20,000 underlying)
Footnotes (4)
  • [F1]Pursuant to the Merger Agreement, by and between the issuer, Kenneth Cole Productions, Inc., and KCP Holdco, Inc., all restricted shares with lapse dates beyond September 25, 2012, the closing date of the merger, are cancelled and reporting person will receive a cash obligation equal to the number of restricted shares multiplied by the conversion price of $15.25 payable on the dates which the restrictions would have lapsed, subject to the reporting person remaining employed through the dates the payments are to be made. The cash obligation does not extend to performance based restricted shares. All such performance based shares are cancelled and all lapse schedules related thereto are null and void as of the closing date of the merger.
  • [F2]Disposed of pursuant to the Merger Agreement. All options, whether unvested or vested, were cancelled and converted into the right to receive per share the excess of $15.25 over the per share exercise price.
  • [F3]The options began vesting in three annual installments on October 28, 2010.
  • [F4]The options began vesting in three annual installments on May 27, 2011.

Issuer

COLE KENNETH PRODUCTIONS INC

CIK 0000921691

Entity typeother

Related Parties

1
  • filerCIK 0001222768

Filing Metadata

Form type
4
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 1:29 PM ET
Size
10.0 KB