PEP BOYS MANNY MOE & JACK 4
4 · PEP BOYS MANNY MOE & JACK · Filed Jun 23, 2008
Insider Transaction Report
Form 4
Hudson Thomas R Jr
Director
Transactions
- Award
Common Stock
2008-06-19+2,592→ 7,629 total - Award
Option (right to buy)
2008-06-19+2,592→ 2,592 totalExercise: $10.20From: 2008-06-19Exp: 2015-06-19→ Common Stock (2,592 underlying)
Holdings
- 2,504,493(indirect: By Funds)
Common Stock
Footnotes (4)
- [F1]Represents restricted stock units, which represent the right to receive an equal number of shares of common stock.
- [F2]Not applicable.
- [F3]Such securities beneficially owned by the Reporting Person are held directly by the Jolly Roger Fund, LP, a limited partnership for which Pirate Capital LLC ("Pirate") serves as general partner, and Jolly Roger Offshore Fund LTD, an investment fund for which Pirate serves as investment advisor (collectively, the "Funds"). Pirate is deemed to be the indirect beneficial owner of such securities reported herein by reason of its postion as general partner or investment advisor, as applicable, of the Funds, and may be deemed to hold a fractional pecuniary interest in such securities. The Reporting Person, as the sole managing member of Pirate, is also deemed to be the indirect beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of any and all such securities in excess of his actual pecuniary interest, if any.
- [F4]20% of such options were exerciseable on the date of grant. An additional 20% of such options will become exerciseable on each of the next four anniversaries of the date of grant.