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4//SEC Filing

Wadle Libby 4

Accession 0001051251-10-000025

CIK 0001051251other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 5:21 PM ET

Size

8.3 KB

Accession

0001051251-10-000025

Insider Transaction Report

Form 4
Period: 2010-09-15
Wadle Libby
EVP Factory & Madewell
Transactions
  • Award

    Stock Option (right to purchase)

    2010-09-15+75,00075,000 total
    Exercise: $35.02Exp: 2017-09-15Common Stock (75,000 underlying)
  • Award

    Common Stock, par value $0.01

    2010-09-15+25,00040,804 total
Footnotes (3)
  • [F1]25,000 restricted shares of Common Stock were granted pursuant to an equity incentive plan of the issuer. Subject to the issuer's satisfaction of certain performance criteria in any of fiscal years 2011 or 2012, 12,500 shares will vest on each of September 15, 2013 and September 15, 2014.
  • [F2]Includes 34,000 restricted shares of Common Stock, granted under an equity incentive plan of the issuer, of which 9,000 shares will vest on April 15, 2011; and 12,500 shares will vest (subject to the issuer's satisfaction of certain performance criteria in any of fiscal years 2011 or 2012) on each of September 15, 2013 and September 15, 2014.
  • [F3]The options become exercisable in five equal annual installments beginning on the first anniversary of the Grant Date. The options are subject to a cap which results in a stock-settled automatic exercise of any then vested options if the Fair Market Value (as defined in the J.Crew Group, Inc. Amended and Restated 2008 Equity Incentive Plan) of the Corporation's Common Stock reaches or exceeds 400% of the exercise price.

Issuer

J CREW GROUP INC

CIK 0001051251

Entity typeother

Related Parties

1
  • filerCIK 0001413395

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 5:21 PM ET
Size
8.3 KB