4//SEC Filing
ADAMS GLEN 4
Accession 0001140361-09-005839
CIK 0000109156other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:07 PM ET
Size
16.2 KB
Accession
0001140361-09-005839
Insider Transaction Report
Form 4
ZALE CORPZLC
ADAMS GLEN
Director
Transactions
- Award
Deferred Stock Units
2009-02-27+8,000→ 8,000 totalExercise: $0.00→ Common Stock (8,000 underlying)
Holdings
- 30,644
Common Stock
- 10,000
Options (right to buy)
Exercise: $21.42From: 2000-11-05Exp: 2009-11-05→ Common Stock (10,000 underlying) - 3,800
Options (right to buy)
Exercise: $27.03From: 2006-11-11Exp: 2015-11-11→ Common Stock (3,800 underlying) - 3,800
Options (right to buy)
Exercise: $21.29From: 2008-11-14Exp: 2017-11-14→ Common Stock (3,800 underlying) - 10,000
Options (right to buy)
Exercise: $26.55From: 2004-11-06Exp: 2013-11-06→ Common Stock (10,000 underlying) - 5,000
Options (right to buy)
Exercise: $29.79From: 2005-11-12Exp: 2014-11-12→ Common Stock (5,000 underlying) - 3,800
Options (right to buy)
Exercise: $29.40From: 2007-11-15Exp: 2016-11-15→ Common Stock (3,800 underlying) - 4,902
Restricted Stock Units
Exercise: $0.00From: 2009-11-18→ Common Stock (4,902 underlying)
Footnotes (2)
- [F1]Restricted stock units granted under Zale Corporation Non-Employee Director Equity Compensation Plan, as amended (the "Plan"), that vest on November 18, 2009. Upon vesting, the holder will be entitled to receive one share of common stock for each unit, unless the Board of Directors determines that payment shall be made in cash. The holder has elected to defer delivery of any shares that would be due by virtue of vesting until the date that is six months following his separation from service on the Company?s Board.
- [F2]Deferred stock units granted under the Plan. Under the terms of the Plan, Mr. Adams elected to receive the deferred stock units in lieu of a quarterly cash retainer payment of $10,000 for service as a member of the Company's Board of Directors. Mr. Adams was granted 8,000 deferred stock units based on the 2/27/2009 closing price of $1.25. The deferred stock units vest immediately upon grant. The holder is entitled to receive one share of common stock for each unit, unless the Board of Directors determines that payment shall be made in cash. The holder has elected to defer delivery of any shares that would be due until the date that is six months following his separation from service on the Company?s Board.
Documents
Issuer
ZALE CORP
CIK 0000109156
Entity typeother
Related Parties
1- filerCIK 0001187775
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:07 PM ET
- Size
- 16.2 KB