TRANS WORLD ENTERTAINMENT CORP 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed May 10, 2016
Insider Transaction Report
Form 4
Hoffman Scott E
Chief Marketing Officer
Transactions
- Award
Stock Option (Right to Buy)
2016-05-06$3.81/sh+100,000$381,000→ 200,000 totalExercise: $3.81Exp: 2026-05-06→ Common Stock, par value $0.01 (100,000 underlying)
Holdings
- 10,000
Restricted Stock units
→ Common Stock, par value $0.01 per share (10,000 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit is the economic equivalent of one share of Trans World Entertainment Corporation stock.
- [F2]Restricted stock units terminate upon vesting.
- [F3]All of the transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act.
- [F4]Stock options vest ratably over 4 years from the date of grant.
- [F5]Restricted Stock Units vest ratably over 4 years from the date of grant.