Charney Dov 4/A
4/A · AMERICAN APPAREL, INC · Filed Apr 29, 2011
Insider Transaction Report
Form 4/AAmended
Charney Dov
DirectorChairman, CEO and President10% Owner
Transactions
- Award
Option (right to buy)
2011-03-24+2,111,597→ 2,111,597 totalExercise: $1.11Exp: 2014-03-24→ Common Stock (2,111,597 underlying)
Footnotes (1)
- [F1]Pursuant to a Purchase Agreement dated as of March 24, 2011 (the "Purchase Agreement") between the Issuer and the reporting person, the reporting person may receive 2,111,597 shares of common stock, issuable to the reporting person if on or prior to March 24, 2014, the closing sale price per share of common stock of the Issuer on the NYSE Amex exceeds $3.50 for 30 consecutive trading days, or there is a change of control (as defined in the Purchase Agreement). The other shares of common stock acquired pursuant to the Purchase Agreement were previously reported in the initial Form 4 filed on March 28, 2011.