Zimmerman Michael 4
4 · dELiAs, Inc. · Filed Jan 5, 2012
Insider Transaction Report
Form 4
dELiAs, Inc.DLIA
Zimmerman Michael
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2012-01-03+49,019→ 49,019 total
Holdings
- 3,011,802(indirect: See footnote)
Common Stock, par value $0.001 per share
Footnotes (2)
- [F1]Represents an award of restricted shares of common stock subject to the right of dELiA*S, Inc. to repurchase such shares at a purchase price of $0.001 per share. The repurchase right lapses on each of the first three anniversaries of the date of grant in an amount equal to one-third of the amount of such restricted shares of common stock.
- [F2]In addition to being a Director of dELiA*S, Inc., Michael Zimmerman ("Mr. Zimmerman") controls, and is responsible for the supervision and conduct of all investment activities of, Prentice Capital Management, LP ("Prentice Capital"), the investment manager of PRENDEL, LLC ("PRENDEL"), which holds the 3,011,802 shares of common stock. As a result, Mr. Zimmerman and Prentice Capital hold the 3,011,802 shares of common stock indirectly through PRENDEL. Mr. Zimmerman and Prentice Capital disclaim beneficial ownership of the 3,011,802 shares of common stock except to the extent of their pecuniary interest therein. In addition, Mario Ciampi ("Mr. Ciampi"), an employee of Prentice Capital, is a Director of dELiA*S, Inc. Prentice Capital may be deemed a director-by-deputization by reason of Mr. Zimmerman's and Mr. Ciampi's serving as Directors of dELiA*S, Inc.