4//SEC Filing
MARCHETTI MICHAEL J 4
Accession 0001104659-12-010909
CIK 0000878726other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:27 PM ET
Size
10.4 KB
Accession
0001104659-12-010909
Insider Transaction Report
Form 4
MARCHETTI MICHAEL J
Chief Operating Officer
Transactions
- Award
Performance Shares
2012-02-16+60,000→ 60,000 totalExp: 2022-02-16→ Common Stock (60,000 underlying) - Award
Employee Stock Option (right to buy)
2012-02-16+75,000→ 75,000 totalExercise: $3.56Exp: 2022-02-16→ Common Stock (75,000 underlying) - Award
Performance Units
2012-02-16+60,000→ 60,000 totalExp: 2022-02-16→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]The stock option was granted pursuant to the Tuesday Morning Corporation 2008 Long-Term Equity Incentive Plan (the "2008 Plan") and vests ratably on a daily basis over a three year period beginning on the date of grant.
- [F2]The performance shares and performance units were granted pursuant to the 2008 Plan. Each performance share represents a contingent right to receive one share of the Tuesday Morning Corporation's common stock (the "Common Stock") and each performance unit represents a contingent right to receive $8.00 in cash. The performance shares and performance units vest in one-third tranches if the closing price of the Common Stock is equal to or greater than $8.00 per share for 40 or more consecutive trading days during an applicable performance period. Any unvested performance shares and performance units at the end of a performance period are rolled over and become eligible to vest in subsequent performance periods. Any performance shares and performance units that are unvested as of the close of business on October 31, 2015 will lapse and be forfeited as of such time.
Documents
Issuer
TUESDAY MORNING CORP/DE
CIK 0000878726
Entity typeother
Related Parties
1- filerCIK 0001232174
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:27 PM ET
- Size
- 10.4 KB