4//SEC Filing
AEROPOSTALE INC 4
Accession 0001104659-15-023501
CIK 0001168213operating
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 4:38 PM ET
Size
9.1 KB
Accession
0001104659-15-023501
Insider Transaction Report
Form 4
Sycamore Partners MM, L.L.C.
10% Owner
Transactions
- Award
Common Stock
2015-03-26+33,123→ 63,915 total
Holdings
- 3,932,018(indirect: Shares held by entities controlled by the Reporting Persons.)
Common Stock
- 6,250,000(indirect: Shares held by entities controlled by the Reporting Persons.)
Common Stock
Kaluzny Stefan L
Director10% Owner
Transactions
- Award
Common Stock
2015-03-26+33,123→ 63,915 total
Holdings
- 3,932,018(indirect: Shares held by entities controlled by the Reporting Persons.)
Common Stock
- 6,250,000(indirect: Shares held by entities controlled by the Reporting Persons.)
Common Stock
Footnotes (3)
- [F1]These are restricted shares of the Issuer's common stock, and are granted to Board members annually as part of the Issuer's Board member compensation. These restricted shares vest on March 26, 2016.
- [F2]Stefan L. Kaluzny was appointed to the Board of Directors by virtue of the terms of that certain Investor Rights Agreement between the Issuer and Aero Investors, LLC and the terms of the Certificate of Designation of Preferences of Convertible Series B Preferred Stock of the Issuer. Pursuant to such agreements, Aero Investors, LLC or (or Sycamore Partners Management L.L.C. and any of its affiliates who is a transferee thereof) has the right to designate up to two directors to the Issuer's Board of Directors. Accordingly, Mr. Kaluzny has assigned all rights to compensation he receives in connection with his position on the Issuer's Board of Directors, including equity compensation, to the management company he controls, Sycamore Partners Management, L.L.C., which is controlled by Sycamore Partners MM, L.L.C.
- [F3]Represents 3,932,018 shares of common stock of the Issuer that are issuable in the future upon the full conversion of 1,000 shares of the Series B Preferred Stock of the Issuer upon payment of the conversion price ($7.25 per share of preferred stock), all held by entities controlled by the Reporting Persons.
Documents
Issuer
AEROPOSTALE INC
CIK 0001168213
Entity typeoperating
Related Parties
1- filerCIK 0001168213
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 4:38 PM ET
- Size
- 9.1 KB