New York & Company, Inc. 4
4 · New York & Company, Inc. · Filed Nov 9, 2016
Insider Transaction Report
Form 4
Pearlman Michelle
Director
Transactions
- Award
Common Stock
2016-11-07$2.11/sh+150,000$316,500→ 253,294 total - Award
Stock Appreciation Rights
2016-11-07+200,000→ 200,000 totalExercise: $2.11Exp: 2026-11-07→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]On November 7, 2016, the reporting person was awarded restricted stock which vests on November 7, 2019.
- [F2]Includes 83,427 shares of common stock, 19,867 shares of restricted stock which vest on June 1, 2017, and 150,000 shares of restricted stock which vest on November 7, 2019.
- [F3]The reporting person was awarded stock appreciation rights (SARs) which vest as follows: 50,000 on November 7, 2017, 50,000 on November 7, 2018, 50,000 on November 7, 2019, and 50,000 on November 7, 2020. Each SAR represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the SAR to the date of exercise of the SAR. Upon exercise the SARs will be settled in stock.