Hollander Gilbert P 4
4 · ZALE CORP · Filed Nov 16, 2011
Insider Transaction Report
Form 4
ZALE CORPZLC
Hollander Gilbert P
EVP, Chief Sourcing Officer
Transactions
- Tax Payment
Common Stock
2011-11-14$3.61/sh−794$2,866→ 45,908 total
Holdings
- 55,000
Stock Options (right to buy)
Exercise: $21.29From: 2008-11-14Exp: 2017-11-14→ Common Stock (55,000 underlying) - 25,000
Stock Options (right to buy)
Exercise: $24.10From: 2007-05-05Exp: 2016-05-05→ Common Stock (25,000 underlying) - 15,000
Stock Options (right to buy)
Exercise: $27.24From: 2007-08-29Exp: 2016-08-29→ Common Stock (15,000 underlying) - 10,000
Stock Options (right to buy)
Exercise: $27.52From: 2006-09-06Exp: 2015-09-06→ Common Stock (10,000 underlying) - 10,000
Stock Options (right to buy)
Exercise: $27.44From: 2005-07-21Exp: 2014-07-21→ Common Stock (10,000 underlying) - 8,524
Stock Options (right to buy)
Exercise: $23.23From: 2004-07-22Exp: 2013-07-22→ Common Stock (8,524 underlying) - 85,000
Stock Options (right to buy)
Exercise: $3.95From: 2012-09-02Exp: 2021-09-02→ Common Stock (85,000 underlying) - 48,000
Stock Options (right to buy)
Exercise: $5.02From: 2010-11-03Exp: 2019-11-03→ Common Stock (48,000 underlying) - 10,000
Stock Options (right to buy)
Exercise: $27.89From: 2007-09-14Exp: 2016-09-14→ Common Stock (10,000 underlying) - 70,000
Stock Options (right to buy)
Exercise: $2.37From: 2011-02-26Exp: 2020-02-26→ Common Stock (70,000 underlying) - 56,000
Stock Options (right to buy)
Exercise: $26.14From: 2009-09-16Exp: 2018-09-16→ Common Stock (56,000 underlying) - 10,000
Stock Options (right to buy)
Exercise: $26.33From: 2006-01-10Exp: 2015-01-10→ Common Stock (10,000 underlying) - 75,000
Restricted Stock Units
Exercise: $0.00From: 2012-09-02→ Common Stock (75,000 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]Reflects the withholding of 794 shares by the Company to satisfy tax obligations in connection with the vesting of 3,000 restricted stock units. No shares were bought or sold in the open market.
- [F2]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.