Worthington John M 4
4 · New York & Company, Inc. · Filed Sep 28, 2018
Insider Transaction Report
Form 4
Worthington John M
President and COO
Transactions
- Award
Common Stock
2018-08-27+18,442→ 287,124 total - Award
Stock Appreciation Rights
2018-08-27+86,065→ 86,065 totalExercise: $4.88Exp: 2028-08-27→ Common Stock (86,065 underlying)
Footnotes (3)
- [F1]The reporting person was awarded restricted stock which vests on August 27, 2021.
- [F2]Includes 218,682 shares of common stock; 50,000 shares of restricted stock which vest on August 22, 2019; and 18,442 shares of restricted stock which vest on August 27, 2021.
- [F3]The reporting person was awarded stock appreciation rights (SARs) which vest as follows: 21,516 on August 27, 2019; 21,516 on August 27, 2020, and 43,033 on August 27, 2021. Each SAR represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the SAR to the date of exercise of the SAR. Upon exercise, the SARs will be settled in stock.