SCHLAEPFER AUDREY 4
4 · LINENS N THINGS INC · Filed Nov 24, 2003
Insider Transaction Report
Form 4
SCHLAEPFER AUDREY
EVP, CMO
Transactions
- Award
Stock Options (Right to Buy)
2003-11-20+30,000→ 30,000 totalExercise: $27.58→ Common Stock (30,000 underlying)
Footnotes (1)
- [F1]The options vest on December 31, 2003. Options may be exercised in 1/3 increments if, and at such point, over an established period of time measured as set forth in the option, the closing price of Linens 'n Things, Inc. common stock on the New York Stock Exchange is $31.72, $36.48, and $39.08, respectively. 100% of the options become exercisable on October 20, 2010. The options expire on November 20, 2010.