4//SEC Filing
KID BRANDS, INC 4
Accession 0001181431-13-017728
CIK 0000739878operating
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 12:17 PM ET
Size
12.8 KB
Accession
0001181431-13-017728
Insider Transaction Report
Form 4
BENAROYA RAPHAEL
Director
Transactions
- Award
STOCK APPRECIATION RIGHT
2013-03-15+600,000→ 629,250 totalExercise: $1.51Exp: 2023-03-15→ COMMON STOCK (600,000 underlying) - Award
Stock Option (Right to Buy)
2013-03-15+200,000→ 275,000 totalExercise: $1.51Exp: 2023-03-15→ COMMON STOCK (200,000 underlying) - Award
Stock Option (Right to Buy)
2013-03-15+200,000→ 475,000 totalExercise: $1.51Exp: 2023-03-15→ COMMON STOCK (200,000 underlying)
Footnotes (8)
- [F1]Represents Stock Appreciation Rights ("SARs") granted on 03/15/13 under the Issuer's Equity Incentive Plan (the "EIP"). 15,625 of such SARs vest on the last day of each month for a consecutive 24-month period (commencing 3/31/13), and 9,375 of such SARs vest on the last day of the month for the subsequent consecutive 24-month period. The SARs may be settled, upon exercise, solely for cash, provided that, upon the approval of the Company's shareholders (which approval shall be requested at the Company's next Annual Meeting of Shareholders), any unexercised SARs will be converted (with no consideration) into non-qualified stock options (on a one-for one basis) under the EIP (with no change to the grant date, exercise price, vesting schedule, or other terms thereof). (Continued in Footnote 2)
- [F2]To the extent shareholder approval is not obtained, the SARs will continue in full force and effect on the terms described above. Upon conversion of unexercised SARs into non-qualified stock options, such SARS may no longer be exercised.
- [F3]Includes: (i) 14,250 SARs granted on 7/19/11 pursuant to the EIP, at an exercise price of $5.17 per share, which vest ratably over a five-year period commencing 7/19/12 and expire on 7/19/21; and (ii) 15,000 SARs granted on 7/15/10 pursuant to the EIP at an exercise price of $8.17 per share, which vest ratably over a five-year period commencing 7/15/11 and expire on 7/15/20.
- [F4]Represents a grant on 03/15/13 of 200,000 incentive stock options under the EIP ("ISOs"). Twenty-five percent of the ISOs vested on the date of grant, and an additional twenty-five percent of such ISOs vest on each of the first, second and third anniversary of the date of grant.
- [F5]Includes: (i) 15,000 stock options granted on 9/22/09 pursuant to the EIP at an exercise price of $6.63 per share, which vest ratably over a 5-year period commencing 9/22/10 and expire on 9/22/19; (ii) 15,000 stock options granted on 7/10/08 pursuant to the EIP at an exercise price of $7.28 per share, which vest ratably over a five-year period commencing 7/10/09 and expire 7/10/18; (iii) 15,000 stock options granted on 12/27/07 pursuant to the issuer's 2004 Stock Option, Restricted and Non-Restricted Stock Plan (the "2004 Plan") at an exercise price of $16.77 per share, which vest ratably over a five-year period commencing 12/27/08 and expire 12/27/17; (Continued in Footnote 6)
- [F6](iv) 15,000 stock options granted on 11/01/06 pursuant to the 2004 Plan at an exercise price of $15.05 per share, which vest ratably over a five-year period commencing 11/01/07 and expire 11/01/16; and (v) 15,000 stock options granted on 5/4/05 pursuant to the 2004 Plan, at an exercise price of $13.06 per share, all of which were deemed vested as of 12/28/05.
- [F7]Represents a grant on 03/15/13 of 200,000 non-qualified inducement stock options outside of the EIP, all of which vested on the date of grant.
- [F8]Includes the grants described in footnotes 4, 5 and 6 above.
Documents
Issuer
KID BRANDS, INC
CIK 0000739878
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000739878
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 12:17 PM ET
- Size
- 12.8 KB