STEVEN MADDEN, LTD. 4
4 · STEVEN MADDEN, LTD. · Filed Mar 18, 2014
Insider Transaction Report
Form 4
SCHMERTZ ROBERT
Brand Director
Transactions
- Sale
Common Stock, par value $0.0001 per share
2014-03-17$36.48/sh−10,000$364,840→ 324,502 total - Award
Common Stock, par value $0.0001 per share
2014-03-17−10,995→ 335,497 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.45 to $36.52, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Reflects restricted stock grant made to the reporting person on March 17, 2014 under the Steven Madden, Ltd. 2006 Stock Incentive Plan (the "Plan"), which stock will vest in five equal annual installments of 2,199 shares on each of March 5, 2015, March 5, 2016, March 5, 2017, March 5, 2018 and March 5, 2019, subject to forfeiture pursuant to the terms of the Plan.