TRANS WORLD ENTERTAINMENT CORP 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed May 22, 2017
Insider Transaction Report
Form 4
Anderson John
Chief Financial Officer
Transactions
- Award
Employee Stock Options (Right to Buy)
2017-05-19$1.85/sh+120,000$222,000→ 550,000 totalExercise: $1.85Exp: 2027-05-19→ Common Stock, par value $.01 per share (120,000 underlying) - Award
Restricted Stock Units
2017-05-19+15,000→ 15,000 total→ Common Stock, par value $.01 per share (15,000 underlying)
Footnotes (4)
- [F1]All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act.
- [F2]All equity grants vest ratably over four years on each anniversary of the date of grant.
- [F3]Each Restricted Stock Unit is the economic equivalent of one share of Trans World Entertainment Corporation stock.
- [F4]Restricted Stock Units terminate upon vesting.