TRANS WORLD ENTERTAINMENT CORP 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed May 3, 2006
Insider Transaction Report
Form 4
SULLIVAN JOHN J
EVP and CFO
Transactions
- Award
Stock Settled Appreciation Rights
2006-05-01$5.32/sh+50,000$266,000→ 567,500 totalExercise: $5.32Exp: 2016-05-01→ Common Stock par value $.01 per share (50,000 underlying)
Footnotes (2)
- [F1]Stock Appreciation Rights granted under Trans World Entertainment Corporation 2005 Long-Term Incentive Plan, which provides for tax witholding rights in a transaction exempt under Rule 16b-3. 25,000 vest after the end of three years and 25,000 vest at the end of the fourth year.
- [F2]Includes Employee Stock Options (Right to Buy) of 517,500 previously reported on Form 4 filings.