PORZIG ULLRICH E 4
4 · PAYLESS SHOESOURCE INC /DE/ · Filed Jun 7, 2006
Insider Transaction Report
Form 4
PORZIG ULLRICH E
Senior Vice President
Transactions
- Sale
Common Stock
2006-06-06$27.02/sh−35,000$945,788→ 10,590 total - Exercise/Conversion
Employee Stock Option
2006-06-06−35,000→ 36,250 totalExercise: $15.17Exp: 2007-05-14→ Common Stock (35,000 underlying) - Exercise/Conversion
Common Stock
2006-06-06$15.17/sh+35,000$530,835→ 45,590 total
Footnotes (1)
- [F1]Grant of an option to buy 71,250 shares of common stock under the Payless ShoeSource, Inc. 1996 Stock Incentive Plan which provides for tax withholding rights in a transaction exempt under Rule 16b-3. The option fully vested on May 14, 2003.