Gavales Lisa A 4
4 · EXPRESS, INC. · Filed Dec 28, 2010
Insider Transaction Report
Form 4
EXPRESS, INC.EXPR
Gavales Lisa A
EVP - Chief Marketing Officer
Transactions
- Award
Common Stock, par value $0.01
2010-12-23−1,194→ 316,872 total
Footnotes (2)
- [F1]These shares represent restricted stock units that were granted to equitably compensate option holders as a result of the special dividend paid on December 23, 2010 and will be settled in common stock upon vesting. One quarter of the restricted stock units will vest on May 12, 2011, and one quarter of the restricted stock units will vest on that date in 2012, 2013 and 2014.
- [F2]The restricted stock units were granted and no price was paid therefor.