New York & Company, Inc. 4
4 · New York & Company, Inc. · Filed Mar 23, 2007
Insider Transaction Report
Form 4
Luzzi Robert J
Exec. VP, Creative Director
Transactions
- Award
Options to Purchase Common Stock
2007-03-21$3.23/sh+11,664$37,675→ 11,667 totalExercise: $3.23Exp: 2014-02-01→ Common Stock (11,664 underlying)
Holdings
- 20,000
Options to Purchase Common Stock
Exercise: $15.76Exp: 2016-03-15→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]On February 1, 2004, the reporting person was granted an option to purchase 46,655 shares of common stock. The options vest in four equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years 2004 through 2007. The performance criteria for 2006 were met and confirmed as of March 21, 2007, resulting in the vesting of 11,664 options. The performance criteria have already been met and confirmed for all previous years resulting in the vesting of the related options.
- [F2]The options to purchase Common Stock are currently exercisable.
- [F3]The options become exercisable in three annual installments on the following dates: 6,667 shares on March 15, 2007; 6,667 shares on March 15, 2008; and 6,666 shares on March 15, 2009.