HAROLDS STORES INC 4
4 · HAROLDS STORES INC · Filed Jul 5, 2005
Insider Transaction Report
Form 4
Haslam William
Director
Transactions
- Other
Series 2002-A Preferred Stock
2005-07-01+464→ 464 totalExercise: $1.59→ Common Stock (5,836 underlying)
Footnotes (1)
- [F1]In accordance with the terms of the 2002-A Preferred Stock, the Reporting person elected to receive the quarterly dividend paid on the 2002-A Preferred Stock in additional shares thereof. Each such share of 2002-A Preferred Stock so received has a stated value of $20 and is immediately convertible into the number of shares of Common Stock equal to such stated value divided by $1.59. The 2002-A Preferred Stock is perpetual and does not have an expiration date, but it may be redeemed at the option of the Issuer at any time on or after August 2, 2005.