CHARMING SHOPPES INC 4
4 · CHARMING SHOPPES INC · Filed Jun 15, 2012
Insider Transaction Report
Form 4
HUDSON KATHERINE M
Director
Transactions
- Disposition from Tender
Common Stock
2012-06-14$7.35/sh−163,189$1,199,439→ 71,578 total - Disposition to Issuer
Common Stock
2012-06-14$7.35/sh−71,578$526,098→ 0 total - Disposition to Issuer
Option (right to buy)
2012-06-14$7.35/sh−6,500$47,775→ 0 totalExercise: $4.78From: 2004-06-01Exp: 2013-06-26→ Common Stock (6,500 underlying) - Disposition to Issuer
Deferred Shares
2012-06-14$7.35/sh−18,296$134,476→ 0 totalExercise: $0.00→ Common Stock (18,296 underlying) - Disposition to Issuer
Restricted Stock Units
2012-06-14$7.35/sh−3,000$22,050→ 0 totalExercise: $0.00→ Common Stock (3,000 underlying)
Footnotes (4)
- [F1]Disposition of shares in tender offer which constitutes a change in control for cash consideration equal to $7.35 per share.
- [F2]Disposition of shares resulting from restricted stock units and other deferrals pursuant to a merger for cash consideration equal to $7.35 per share in a transaction exempt under Rule 16b-3(e).
- [F3]Option canceled pursuant to a merger in exchange for cash consideration equal to the difference between $7.35 and the exercise price of the option multiplied by the number of options canceled. This transaction is exempt under Rule 16b-3(e).
- [F4]Restricted stock units ("RSUs") and deferred shares canceled pursuant to a merger in exchange for cash consideration equal to $7.35 per RSU or deferred share. RSUs and deferred shares were settleable upon termination of service as a director or earlier upon a change in control. RSUs and deferred shares generally were settleable by issuance of one share, or the cash value of one share, for each RSU or deferred share being settled. This transaction is exempt under Rule 16b-3(e). A change in control became effective on the transaction date.