4//SEC Filing
New York & Company, Inc. 4
Accession 0001179110-07-006685
CIK 0001211351operating
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 5:14 PM ET
Size
12.5 KB
Accession
0001179110-07-006685
Insider Transaction Report
Form 4
Ristau Ronald W
DirectorCOO and CFO
Transactions
- Award
Options to Purchase Common Stock
2007-03-21$0.11/sh+152,594$16,785→ 830,762 totalExercise: $0.11Exp: 2012-11-27→ Common Stock (152,594 underlying) - Sale
Common Stock
2007-03-23$15.28/sh−5,000$76,380→ 43,726 total(indirect: By Trust)
Holdings
- 598,299
Common Stock
- 126,134
Options to Purchase Common Stock
Exercise: $3.23Exp: 2014-05-14→ Common Stock (126,134 underlying) - 25,000
Options to Purchase Common Stock
Exercise: $15.76Exp: 2016-03-15→ Common Stock (25,000 underlying)
Footnotes (6)
- [F1]Includes 590,799 shares of Common Stock. Also includes 7,500 shares of restricted stock which will be earned pursuant to a schedule ending on August 16, 2010 depending on company performance and continued employment through August 16, 2010, at which time such shares shall vest. If certain company performance objectives are met throughout the 4-year period, the restricted stock will be earned as follows: 938 on February 3, 2007; 1,875 on February 2, 2008; 1,875 on January 31, 2009; 1,875 on January 30, 2010; and 937 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 unearned shares will vest.
- [F2]Represents Common Stock indirectly beneficially owned through the 2004 RWR Grantor Retained Annuity Trust.
- [F3]This sale of Common Stock is 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.
- [F4]On November 27, 2002, the reporting person was granted an option to purchase 610,376 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 2003 through 2006. The performance criteria for 2006 were met and confirmed as of March 21, 2007, resulting in the vesting of 152,594 options. The performance criteria have already been met and confirmed for all previous years resulting in the vesting of the related options.
- [F5]The options to purchase Common Stock are currently exercisable.
- [F6]The options become exercisable in five annual installments on the following dates: 3,750 shares on March 15, 2007; 3,750 shares on March 15, 2008; 5,000 shares on March 15, 2009; 6,250 shares on March 15, 2010; and 6,250 shares on March 15, 2011.
Documents
Issuer
New York & Company, Inc.
CIK 0001211351
Entity typeoperating
Related Parties
1- filerCIK 0001211351
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 5:14 PM ET
- Size
- 12.5 KB