CALERES INC 4
4 · CALERES INC · Filed May 2, 2017
Insider Transaction Report
Form 4
CALERES INCCAL
Gupta Mahendra R
Director
Transactions
- Award
Phantom Stock Units
2017-04-29$28.82/sh+651$18,762→ 10,718 total→ Common Stock (651 underlying)
Footnotes (3)
- [F1]Each unit of phantom stock represents the right to receive cash equivalent to the fair market value of a share of common stock of the Company.
- [F2]The phantom stock units will be settled in cash in annual installments over a five-year or ten-year period, or in a lump sum in accordance with the Director's prior election, when the Director's service as a director terminates.
- [F3]Includes 624 phantom stock units which previously were inadvertently included in Table I as shares of Common Stock on the Director's January 30, 2017 filing.