KASAKS SALLY FRAME 4
4 · CHILDRENS PLACE RETAIL STORES INC · Filed Feb 5, 2008
Insider Transaction Report
Form 4
KASAKS SALLY FRAME
Director
Transactions
- Award
Stock Option (right to buy)
2008-02-02+6,000→ 6,000 totalExercise: $19.00Exp: 2018-02-02→ Common Stock (6,000 underlying)
Footnotes (3)
- [F1]This is the annual option grant that all non-employee directors are entitled to receive under the Registrant's Amended and Restated 2005 Equity Incentive Plan (the "Plan"). Under the Plan, the grant date is the last day of the Registrant's fiscal year, which was February 2, 2008.
- [F2]Under the Plan, because the Registrant's common stock was not traded on February 2, 2008, the per share exercise price is calculated as of February 1, 2008, the last date prior to the grant date that the Registrant's common stock was traded. The exercise price, which is the average of the high and low selling price of the Registrant's common stock on such date, is the Fair Market Value (as defined in the Plan).
- [F3]The option becomes exercisable in three equal installments on February 2, 2009, 2010 and 2011.