Lennox Richard A 4
4 · ZALE CORP · Filed Sep 6, 2011
Insider Transaction Report
Form 4
ZALE CORPZLC
Lennox Richard A
EVP, Chief Marketing Officer
Transactions
- Award
Restricted Stock Units
2011-09-02+35,000→ 35,000 totalExercise: $0.00From: 2012-09-02→ Common Stock (35,000 underlying) - Award
Stock Options (right to buy)
2011-09-02$3.95/sh+50,000$197,500→ 50,000 totalExercise: $3.95From: 2012-09-02Exp: 2021-09-02→ Common Stock (50,000 underlying)
Holdings
- 14,008
Common Stock
- 70,000
Stock Options (right to buy)
Exercise: $2.37From: 2011-02-26Exp: 2020-02-26→ Common Stock (70,000 underlying) - 50,000
Stock Options (right to buy)
Exercise: $5.66From: 2010-08-17Exp: 2019-08-17→ Common Stock (50,000 underlying) - 55,000
Stock Options (right to buy)
Exercise: $2.00From: 2011-09-23Exp: 2020-09-23→ Common Stock (55,000 underlying)
Footnotes (2)
- [F1]Restricted stock units granted under Zale Corporation 2003 Stock Incentive Plan that vest as to 33% of the units on the first anniversary of the grant date, as to an additional 33% of the units on the second anniversary of the grant date and as to the remaining 34% of the units on the third anniversary of the grant date. 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.
- [F2]Granted under the Zale Corporation 2003 Stock Incentive Plan and vests in four annual installments beginning on 9/2/2012.