LEVITT JAY 4
4 · CHARMING SHOPPES INC · Filed Mar 24, 2009
Insider Transaction Report
Form 4
LEVITT JAY
PRESIDENT - FASHION BUG
Transactions
- Award
Stock Appreciation Rights
2009-03-23−145,000→ 145,000 totalExercise: $1.57From: 2011-03-23Exp: 2016-03-22→ Common Stock (145,000 underlying)
Footnotes (2)
- [F1]Grant of stock appreciation right ("SAR") exercisable for stock, for no consideration other than services. The grant is exempt under Rule 16b-3(d).
- [F2]The SAR will become exercisable as to forty (40%) percent of the underlying shares on the second anniversary and thirty (30%) percent on each of the third and fourth anniversaries of the date of grant (Transaction Date), subject to acceleration and early expiration in the event of certain terminations of employment.