AEROPOSTALE INC 4
4 · AEROPOSTALE INC · Filed Sep 3, 2014
Insider Transaction Report
Form 4
JOHNSON THOMAS P
DirectorExec. Vice President and COO
Transactions
- Disposition to Issuer
Cash-Settled Stock Appreciation Rights
2014-08-29−595,085→ 297,543 totalExercise: $14.92Exp: 2015-08-28→ Common Stock (595,085 underlying) - Tax Payment
Common Stock
2014-08-29$4.19/sh−25,734$107,825→ 692,103 total - Tax Payment
Common Stock
2014-08-29$4.19/sh−180,405$755,897→ 511,698 total - Exercise/Conversion
Common Stock
2014-08-29+416,417→ 717,837 total - Exercise/Conversion
Restricted Stock Units
2014-08-29−416,417→ 0 total→ Common Stock (416,417 underlying)
Footnotes (6)
- [F1]Represents restricted stock units of the Issuer that were converted into the Issuer's common stock on a one-to-one basis.
- [F2]Pursuant to a previous election by the Reporting Person this sale of Common Stock was made for the purpose of satisfying the Reporting Person's tax liability related to the vesting of restricted shares of the Issuer's common stock.
- [F3]Pursuant to a previous election by the Reporting Person this sale of Common Stock was made for the purpose of satisfying the Reporting Person's tax liability related to the vesting of restricted stock units of the Issuer's common stock.
- [F4]Represents all restricted stock units of the Issuer that vested
- [F5]The Reporting Person stepped down from his role as Chief Executive Officer and director of the Issuer and thereafter, ceased to be an employee of the Issuer on August 29, 2014. This transaction represents the cancellation of unvested Cash-Settled Stock Appreciation Rights on the date of the Reporting Person's retirement.
- [F6]These vested Cash-Settled Stock Appreciation Rights will expire on August 28, 2015.