Bell James Anthony 4
4 · COLDWATER CREEK INC · Filed Mar 26, 2012
Insider Transaction Report
Form 4
Bell James Anthony
Senior Vice President and CFO
Transactions
- Award
CWTR Stock Options
2012-03-24+100,000→ 100,000 totalExercise: $1.16Exp: 2019-03-24→ CWTR Common Stock (100,000 underlying) - Award
CWTR Common Stock
2012-03-24+50,000→ 278,610 total - Award
CWTR Common Stock
2012-03-24+90,000→ 228,610 total
Footnotes (3)
- [F1]The restricted stock units will be deliverable on March 24, 2015, with half of the restricted stock units subject to the achievement of earnings before interest expense and taxes ("EBIT") and half of the restricted stock units subject to the sales targets for fiscal 2012 through fiscal 2014. In addition, the restricted stock units are subject to continued employment with the Company and the receipt of satisfactory performance reviews. The number of shares actually awarded under these units will range from 0 to 200% of the base award amount, depending on the Company's EBIT and sales during the performance period. The restricted stock units will further be subject to the other terms and conditions of the Company's Amended and Restated Stock Option/ Stock Issuance Plan and form of Stock Unit Agreement.
- [F2]Restricted stock units are granted pursuant to the registrant's Amended and Restated Stock Option/Stock Issuance Plan. Each restricted stock unit represents the right to receive one share of common stock of the registrant and shall vest and be deliverable on March 24, 2015, subject to continued and satisfactory service by the reporting person.
- [F3]Stock options are granted pursuant to the registrant's Amended and Restated Stock Option/Stock Issuance Plan. Stock option vests and become exercisable in four equal annual installments commencing March 24, 2013, subject to continued and satisfactory service by the reporting person.