4//SEC Filing
New York & Company, Inc. 4
Accession 0001179110-07-006688
CIK 0001211351operating
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 5:15 PM ET
Size
10.6 KB
Accession
0001179110-07-006688
Insider Transaction Report
Form 4
Crystal Richard P
DirectorChairman and CEO
Transactions
- Award
Options to Purchase Common Stock
2007-03-21$0.11/sh+236,784$26,046→ 1,418,151 totalExercise: $0.11Exp: 2012-11-27→ Common Stock (236,784 underlying)
Holdings
- 358,553
Common Stock
- 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]Includes 343,553 shares of Common Stock. Also includes 15,000 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: 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 unearned shares will vest.
- [F2]On November 27, 2002, the reporting person was granted an option to purchase 947,137 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 236,784 options. The performance criteria have already been met and confirmed for all previous years resulting in the vesting of the related options.
- [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.
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, 5:15 PM ET
- Size
- 10.6 KB