Crystal Richard P 4
4 · New York & Company, Inc. · Filed Jan 30, 2007
Insider Transaction Report
Form 4
Crystal Richard P
DirectorChairman and CEO
Transactions
- Exercise/Conversion
Common Stock
2007-01-29$0.11/sh+2,700$297→ 361,253 total - Sale
Common Stock
2007-01-29$15.00/sh−2,700$40,503→ 358,553 total - Exercise/Conversion
Options to Purchase Common Stock
2007-01-29$0.11/sh−2,700$297→ 1,298,367 totalExercise: $0.11Exp: 2012-11-27→ Common Stock (2,700 underlying)
Holdings
- 486,453
Options to Purchase Common Stock
Exercise: $3.23Exp: 2014-05-14→ Common Stock (486,453 underlying) - 45,000
Options to Purchase Common Stock
Exercise: $15.76Exp: 2016-03-15→ Common Stock (45,000 underlying)
Footnotes (4)
- [F1]This exercise of options to purchase Common Stock and the sale of Common Stock are pursuant to the reporting person's 10b5-1 Plan which commenced on November 20, 2006 under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- [F2]Includes 343,553 shares of Common Stock. Also includes 15,000 shares of restricted stock which may become exercisable pursuant to a vesting schedule ending on August 16, 2010 depending on company performance and continued employment through August 16, 2010. If certain company performance objectives are met throughout the 4-year vesting period, the restricted stock will vest over the next four years as follows: 1,875 on February 3, 2007; 3,750 on February 2, 2008; 3,750 on January 31, 2009; 3,750 on January 30, 2010; and 1,875 on August 16, 2010. If on August 16, 2010, the company's cumulative 4-year performance meets the cumulative 4-year performance objectives, then any unvested shares will vest.
- [F3]The options to purchase Common Stock are currently exercisable.
- [F4]The options become exercisable in five annual installments on the following dates: 6,750 shares on March 15, 2007; 6,750 shares on March 15, 2008; 9,000 shares on March 15, 2009; 11,250 shares on March 15, 2010; and 11,250 shares on March 15, 2011.