TRANS WORLD ENTERTAINMENT CORP 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed May 22, 2017
Insider Transaction Report
Form 4
Hoffman Scott E
Chief Marketing Officer
Transactions
- Award
Stock Option (Right to Buy)
2017-05-19$1.85/sh+100,000$185,000→ 300,000 totalExercise: $1.85Exp: 2027-05-19→ Common Stock, par value $0.01 (100,000 underlying)
Holdings
- 1,576
Common Stock, par value $0.01 per share
- 7,500
Restricted Stock units
→ Common Stock, par value $0.01 per share (7,500 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.