ROSS STORES INC 4
4 · ROSS STORES INC · Filed Apr 3, 2017
Insider Transaction Report
Form 4
ROSS STORES INCROST
BUSH MICHAEL J
Director
Transactions
- Sale
Common Stock
2017-03-30$66.51/sh−8,762$582,723→ 27,418 total - Exercise/Conversion
Common Stock
2017-03-30$8.19/sh+8,762$71,783→ 36,180 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2017-03-30−8,762→ 0 totalExercise: $8.19Exp: 2017-05-24→ Common Stock (8,762 underlying)
Footnotes (2)
- [F1]The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $66.50 to $66.57, inclusive. The reporting person undertakes to provide to Ross Stores, Inc., any security holder of Ross Stores, Inc., and to the staff of the Securities and Exchange Commission upon request, full information regarding the numbers of shares sold at each separate price within this price range.
- [F2]Grant to reporting person of an option which begins vesting six months from grant date (Initial Vest Date). On Initial Vest Date, grant vests and becomes exercisable as to 1/6 of shares granted and then vests and becomes exercisable as to 1/36 of shares granted per month thereafter.