Zimmerman Michael 4
4 · KID BRANDS, INC · Filed Aug 16, 2012
Insider Transaction Report
Form 4
Zimmerman Michael
Director10% Owner
Transactions
- Award
Common Stock, $0.10 stated value
2012-08-14+5,000→ 10,000 total - Award
STOCK APPRECIATION RIGHT
2012-08-14+14,250→ 43,500 totalExercise: $1.41Exp: 2022-08-14→ COMMON STOCK (14,250 underlying)
Holdings
- 4,399,733(indirect: see footnote)
Common Stock, $0.10 stated value
Footnotes (5)
- [F1]Represents restricted stock units ("RSUs") granted on August 14, 2012 pursuant to the Issuer's Equity Incentive Plan (the "EIP"), which vest ratably over a five-year period commencing August 14, 2013.
- [F2]Includes 4,000 unvested RSUs (out of an original grant of 5,000 RSUs on July 19, 2011 pursuant to the EIP, which vest ratably over a five-year period commencing July 19, 2012).
- [F3]Prentice Capital Management, LP (the "Investment Manager") serves as investment manager to Prentice Consumer Partners, L.P. and certain managed accounts (the "Investment Entities"). Mr. Zimmerman is responsible for the supervision and conduct of all investment activities of the Investment Manager, including, without limitation, for all investment decisions with respect to the assets of the Investment Entities. Neither the Investment Manager nor Mr. Zimmerman directly own these shares. Each of the Investment Manager and Mr. Zimmerman disclaims any beneficial ownership of these shares to the extent such beneficial ownership exceeds such person's pecuniary interest.
- [F4]Represents Stock Appreciation Rights ("SARs") granted on August 14, 2012 pursuant to the EIP, which vest ratably over a five-year period commencing August 14, 2013.
- [F5]Includes: (i) 14,250 SARs granted on July 19, 2011 pursuant to the EIP at an exercise price of $5.17 per share, which vest ratably over a five-year period commencing July 19, 2012, and expire on July 19, 2021; and (ii) 15,000 SARs granted on July 15, 2010 pursuant to the EIP at an exercise price of $8.17 per share, which vest ratably over a five-year period commencing July 15, 2011 and expire on July 15, 2020.