KASTNER PAUL V 4
4 · TALBOTS INC · Filed Jan 26, 2004
Insider Transaction Report
Form 4
TALBOTS INCTLB
KASTNER PAUL V
SVP, Int'l & Strat. Plng.
Transactions
- Exercise/Conversion
Executive Stock Options (Right to Buy)
2004-01-23−23,000→ 14,000 totalExercise: $12.41From: 2002-03-11Exp: 2009-03-11→ Common Stock (23,000 underlying) - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.08/sh−600$19,248→ 45,128 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.10/sh−500$16,050→ 43,928 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.16/sh−1,800$57,888→ 9,328 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.17/sh−200$6,434→ 9,128 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.29/sh−3,100$100,099→ 3,928 total - Exercise/Conversion
Executive Stock Options (Right to Buy)
2004-01-23−22,000→ 0 totalExercise: $7.41From: 2001-02-10Exp: 2008-02-10→ Common Stock (22,000 underlying) - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.15/sh−32,700$1,051,305→ 11,128 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.12/sh−100$3,212→ 43,828 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.36/sh−2,500$80,900→ 728 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-23$12.41/sh+23,000$285,345→ 45,728 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2004-01-23$7.41/sh+22,000$162,939→ 22,728 total - Sale
Common Stock, par value $0.01 per share
2004-01-23$32.09/sh−700$22,463→ 44,428 total
Holdings
- 11,000
Common Stock, par value $0.01 per share
Footnotes (2)
- [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]Granted as non-qualified options pursuant to The Talbots, Inc. 1993 Executive Stock Based Incentive Plan, which is a Rule 16b-3 plan. The options are fully vested.