STOLPER STUART M 4
4 · TALBOTS INC · Filed Jul 14, 2004
Insider Transaction Report
Form 4
TALBOTS INCTLB
STOLPER STUART M
SVP, Human Res. & Asst. Secr.
Transactions
- Sale
Common Stock, par value $0.01 per share
2004-07-12$32.80/sh−800$26,240→ 41,292 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2004-07-12$19.00/sh+30,667$582,673→ 71,959 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.57/sh−400$13,028→ 69,859 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.67/sh−7,900$258,093→ 52,259 total - Exercise/Conversion
Executive Stock Options (Right to Buy)
2004-07-12−30,677Exercise: $19.00Exp: 2010-03-09→ Common Stock (30,667 underlying) - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.52/sh−1,700$55,284→ 70,259 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.66/sh−4,600$150,236→ 60,159 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.60/sh−2,700$88,020→ 66,859 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.65/sh−1,600$52,240→ 64,759 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.59/sh−300$9,777→ 69,559 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.62/sh−100$3,262→ 66,759 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.69/sh−500$16,345→ 43,859 total - Sale
Common Stock, par value $0.01 per share
2004-07-12$32.70/sh−167$5,461→ 43,692 total
Holdings
- 12,500
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. If not earlier vested, PARS will vest on March 11, 2009, subject to continued employment.
- [F2]PARS subject to vesting as follows: if the Company's average 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. If not earlier vested, PARS will vest on March 13, 2008, subject to continued employment.
- [F3]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.