New York & Company, Inc. 4
4 · New York & Company, Inc. · Filed Jun 22, 2017
Insider Transaction Report
Form 4
Nichols Grace
Director
Transactions
- Award
Common Stock
2017-06-20$1.34/sh+27,985$37,500→ 331,011 total - Award
Common Stock
2017-06-20+27,985→ 358,996 total
Footnotes (3)
- [F1]On June 20, 2017, the reporting person was awarded restricted stock which vests on June 1, 2018.
- [F2]On June 20, 2017, the reporting person was granted an award of performance-based restricted stock that vests subject to the Company achieving target operating income for the period July 30, 2017 through February 3, 2018 ("Fall 2017") and continuation as a member of the Company's Board of Directors through June 1, 2018. Any earned shares will vest on June 1, 2018. All 27,985 performance-based shares will be cancelled if the Company does not achieve the target operating income goal for Fall 2017.
- [F3]Includes 303,026 shares of common stock; 27,985 shares of restricted stock which vest on June 1, 2018; and 27,985 shares of performance-based restricted stock as described in footnote (2) above.