FELDT JAMES E 4
4 · TOYS R US INC · Filed Oct 30, 2003
Insider Transaction Report
Form 4
FELDT JAMES E
Ex. VP - Pres. Mdse. & Mkt. US
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2003-10-28−16,794→ 43,206 totalExercise: $8.25From: 2003-10-01Exp: 2013-04-01→ Common Stock (16,794 underlying) - Award
Stock Option (Right to Buy)
2003-10-28+9,737→ 9,737 totalExercise: $14.23From: 2004-04-28Exp: 2013-10-28→ Common Stock (9,737 underlying) - Tax Payment
Common Stock
2003-10-28$14.23/sh−9,737$138,558→ 150,000 total - Exercise/Conversion
Common Stock
2003-10-28$8.25/sh+7,057$58,220→ 7,057 total(indirect: A Non-Discretionary A/C) - Exercise/Conversion
Common Stock
2003-10-28$8.25/sh+9,737$80,330→ 159,737 total
Footnotes (1)
- [F1]Options to purchase 16,794 shares of common stock were exercised by delivery of 9,737 shares of common stock owned by the Reporting Person. Upon exercise, the Reporting Person was granted restoration options to purchase 9,737 shares of common stock under the Amended and Restated 1994 Stock Option and Performance Incentive Plan (the "Restoration Options"). The Restoration Options vest as follows: 4,868 Restoration Options vest on the second anniversary of the grant date of the original option and 4,869 Restoration Options vest on the third anniversary of the grant date of the original option, but the Reporting Person may exercise the Restoration Options after six months from the grant date of the Restoration Option, with the underlying shares being deposited into a non-discretionary account on behalf of the Reporting Person. These Restoration Options are subject to forfeiture under certain conditions. As a condition of granting the Restoration Option, 7,057 shares of common stock, representing the difference between the amount of options exercised (16,794) less the amount of shares of common stock delivered as payment for the exercise price (9,737), were placed into a non-discretionary account established by the Issuer for a minimum of two years from the transaction date. In addition, 3,528 of these shares vest on the second anniversary of the grant date of the original option and 3,529 of these shares vest on the third anniversary of the grant date of the original option.