FELDMAN STUART 4
4 · HANOVER DIRECT INC · Filed Nov 20, 2003
Insider Transaction Report
Form 4
FELDMAN STUART
Director10% Owner
Transactions
- Award
Common Stock Options
2003-11-18+50,000→ 50,000 totalExp: 2013-11-17→ Common Stock (50,000 underlying)
Holdings
- 29,446,888(indirect: see footnote)
Common Stock
- 1,622,111(indirect: see footnote)
Series B Participating Preferred Stock
- 160,900
Common Stock
Footnotes (3)
- [F1]These shares are held of record by Chelsey Direct, LLC and indirectly by William B. Wachtel as the Manager of the record holder. All of the units of Chelsey Direct, LLC are owned by Chelsey Capital Profit Sharing Plan. The Reporting Person is the principal beneficiary of the Plan. The Reporting Person is also the sole officer and director of DSJ International Resources Ltd., the sponsor of the Plan
- [F2]Pursuant to the issuer's director stock option plan, the exercise price for these options is the average of the closing prices of the issuer's common stock for the 10-day period prior to the reporting date and for the 10-day period after the reporting date
- [F3]16,666 shares are exercisable on November 18, 2004; 16,666 shares are exercisable on November 18, 2005; and 16,668 shares are exercisable on November 18, 2006;