4//SEC Filing
BLUEFLY INC 4
Accession 0001133796-07-000320
CIK 0001030896operating
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:12 PM ET
Size
9.6 KB
Accession
0001133796-07-000320
Insider Transaction Report
Form 4
BLUEFLY INCBFLY
PAYNER MELISSA
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2007-10-01+1,400,611→ 1,991,867 total - Tax Payment
Common Stock
2007-10-01$0.92/sh−660,388$607,557→ 1,331,479 total - Exercise/Conversion
Deferred Stock Units
2007-10-01−1,400,611→ 2,801,221 totalExercise: $0.00→ Common Stock (1,400,611 underlying)
Footnotes (4)
- [F1]Represents shares of Common Stock distributed in respect of Deferred Stock Units ("DSUs") on October 1, 2007.
- [F2]Represents shares of Common Stock retained by Bluefly, Inc. for tax withholding purposes in connection with the distribution of shares of Common Stock in respect of DSUs.
- [F3]On November 13, 2006, the reporting person was granted 4,201,832 DSUs under the Bluefly Inc. 2005 Stock Incentive Plan. Such DSUs vest as follows: (i) one-third vest in four equal quarterly installments commencing on October 1, 2006 (the "One-Year DSUs"), (ii) one-third vest in eight equal quarterly installments commencing on October 1, 2006 (the "Two-Year DSUs") and (iii) one-third vest in twelve equal quarterly installments commencing on October 1, 2006 (the "Three-Year DSUs"). The shares of Common Stock underlying such DSUs are generally distributable on the following dates: (i) with respect to the One-Year DSUs only, October 1, 2007, (ii) with respect to the Two-Year DSUs only, October 1, 2008 and (iii) with respect to the Three-Year DSUs only, October 1, 2009.
- [F4]Not applicable.
Documents
Issuer
BLUEFLY INC
CIK 0001030896
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001030896
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:12 PM ET
- Size
- 9.6 KB