TRANS WORLD ENTERTAINMENT CORP 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed May 3, 2006
Insider Transaction Report
Form 4
SOLOW MICHAEL
Director
Transactions
- Exercise/Conversion
Director Stock Options
2006-05-01−15,000→ 45,251 totalFrom: 2006-05-01Exp: 2013-05-01→ Common Stock par value $.01 per share (15,000 underlying) - Exercise/Conversion
Common Stock, par value $.01 per share
2006-05-01+15,000→ 24,198 total - Award
Director Stock Options
2006-05-01+15,000→ 60,251 totalFrom: 2009-05-01Exp: 2016-05-01→ Common Stock par value $.01 per share (15,000 underlying)
Footnotes (3)
- [F1]$80,000 annual compensation paid in deferred stock units in lieu of cash.
- [F2]Represents an award of deferred stock units that are exchangeable for common shares on a 1:1 basis.
- [F3]All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act.