RICHARDSON RANDY 4
4 · TALBOTS INC · Filed Jan 20, 2004
Insider Transaction Report
Form 4
TALBOTS INCTLB
RICHARDSON RANDY
SVP, Information Services
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-16$12.41/sh+12,334$153,065→ 37,061 total - Sale
Common Stock, par value $0.01 per share
2004-01-16$32.65/sh−37,001$1,208,083→ 60 total - Exercise/Conversion
Executive Stock Options (Right to Buy)
2004-01-16−24,667→ 0 totalExercise: $19.00From: 2003-03-09Exp: 2010-03-09→ Common Stock (24,667 underlying) - Exercise/Conversion
Executive Stock Options (Right to Buy)
2004-01-16−12,334→ 0 totalExercise: $12.41From: 2002-03-11Exp: 2009-03-11→ Common Stock (12,334 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-16$19.00/sh+24,667$468,673→ 24,727 total
Holdings
- 1,045(indirect: By 401(k))
Common Stock, par value $0.01 per share
- 11,000
Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]Performance Accelerated Restricted Stock ("PARS") subject to vesting as follows: if the Company's average return on net assets ("RONA") over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. In all events, if not earlier vested, PARS will vest on March 13, 2008.
- [F2]Information presented as of December 31, 2003.
- [F3]Granted as non-qualified options pursuant to The Talbots, Inc. 2003 Executive Stock Based Incentive Plan, which is a Rule 16b-3 plan. The options are fully vested.