VANDERPLUYM JOSEPH R 4
4 · BAKERS FOOTWEAR GROUP INC · Filed May 15, 2012
Insider Transaction Report
Form 4
BAKERS FOOTWEAR GROUP INCBKRS.OB
VANDER PLUYM JOSEPH R
Exec. VP & Chief Oper. Off.
Transactions
- Award
Restricted Stock Units
2012-05-14+100,000→ 100,000 total→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Bakers common stock.
- [F2]Grant of restricted stock units exempt pursuant to Rule 16b-3(d).
- [F3]One-third of the restricted stock units vest if the price of the company's common stock reaches $2.00 for ten trading days, and additional thirds vest if such price reaches $2.50 and $3.00, provided that in any such event the recipient has been continuously employed by the company for at least two years from the grant date. The award expires five years from the grant date to the extent such stock prices have not been reached.