Home/Filings/4/0001051251-11-000006
4//SEC Filing

Markoe Lynda 4

Accession 0001051251-11-000006

CIK 0001051251other

Filed

Mar 8, 7:00 PM ET

Accepted

Mar 9, 4:14 PM ET

Size

21.6 KB

Accession

0001051251-11-000006

Insider Transaction Report

Form 4
Period: 2011-03-07
Markoe Lynda
EVP-Human Resources
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.01

    2011-03-077,6630 total
  • Disposition to Issuer

    Common Stock, par value $0.01

    2011-03-07$43.50/sh30,856$1,342,2367,663 total
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$10.32/sh15,000$154,8000 total
    Exercise: $33.18Exp: 2013-11-15Common Stock (15,000 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$27.25/sh30,000$817,5000 total
    Exercise: $16.25Exp: 2016-04-15Common Stock (30,000 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$36.57/sh19,357$707,8850 total
    Exercise: $6.93From: 2008-08-14Exp: 2015-08-14Common Stock (19,357 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$8.48/sh30,000$254,4000 total
    Exercise: $35.02Exp: 2017-09-15Common Stock (30,000 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$3.98/sh7,500$29,8130 total
    Exercise: $39.52Exp: 2014-05-15Common Stock (7,500 underlying)
  • Disposition to Issuer

    Stock Option (right to purchase)

    2011-03-07$14.91/sh20,000$298,3000 total
    Exercise: $28.59Exp: 2015-07-15Common Stock (20,000 underlying)
Footnotes (11)
  • [F1]Disposed of pursuant to the merger agreement, dated as of November 23, 2010, by and among the issuer, Chinos Holdings, Inc. and Chinos Acquisition Corporation, as amended on January 18, 2011 (the "Merger Agreement").
  • [F10]Pursuant to an individual agreement entered into in connection with the merger, 15,129.05 of these options were replaced with an immediately exercisable option to purchase 549,688 shares of Class A common stock of Chinos Holdings, Inc. for $0.25 per share. The remainder of these options were disposed of pursuant to the Merger Agreement; to the extent unvested, vested and were cancelled and converted into the right to receive per share the excess of $43.50 over the per share exercise price.
  • [F11]Pursuant to an individual agreement entered into in connection with the merger, all 30,000 of these options were replaced with an immediately exercisable option to purchase 339,200 shares of Class A common stock of Chinos Holdings, Inc. for $0.25 per share.
  • [F2]Includes 12,000 restricted shares of Common Stock, granted under an equity incentive plan of the issuer, which vested immediately prior to the effective time of the merger.
  • [F3]Represents shares contributed, valued at $43.50 per share, to Chinos Holdings, Inc. in exchange for 74,074 shares of Class L Common Stock, valued at $4.50 per share.
  • [F4]Disposed of pursuant to the Merger Agreement. Options, to the extent unvested, vested and were cancelled and converted into the right to receive per share the excess of $43.50 over the per share exercise price.
  • [F5]The options became exercisable in two equal annual installments beginning on November 15, 2010.
  • [F6]The options become exercisable in two equal annual installments beginning on May 15, 2011.
  • [F7]The options became exercisable in four equal annual installments beginning on July 15, 2010.
  • [F8]The options became exercisable in five equal annual installments beginning on April 15, 2010.
  • [F9]The options become exercisable in five equal annual installments beginning on September 15, 2011.

Issuer

J CREW GROUP INC

CIK 0001051251

Entity typeother

Related Parties

1
  • filerCIK 0001452790

Filing Metadata

Form type
4
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:14 PM ET
Size
21.6 KB