Feurer Michael 4
4 · TRANS WORLD ENTERTAINMENT CORP · Filed Oct 16, 2017
Insider Transaction Report
Form 4
Feurer Michael
Chief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.01
2017-10-13$2.00/sh−18,485$36,970→ 129,785 total - Exercise/Conversion
Restricted Stock Units
2017-10-13+50,000→ 50,000 total→ Common Stock, par value $0.01 (50,000 underlying) - Exercise/Conversion
Common Stock, par value $0.01
2017-10-13+50,000→ 148,270 total
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]Previously reported on Form 4.
- [F5]Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.