4//SEC Filing
Dean Jill Brown 4
Accession 0001181431-13-018326
CIK 0001018005other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 6:05 PM ET
Size
10.6 KB
Accession
0001181431-13-018326
Insider Transaction Report
Form 4
Dean Jill Brown
President and CMO
Transactions
- Disposition to Issuer
CWTR Common Stock
2013-03-19−22,500→ 607,125 total - Award
CWTR Common Stock
2013-03-19+150,000→ 629,625 total - Disposition to Issuer
CWTR Common Stock
2013-03-19−150,000→ 457,125 total - Award
CWTR Common Stock
2013-03-19+22,500→ 479,625 total
Footnotes (2)
- [F1]Represents the amendment of an outstanding performance stock unit award granted on March 24, 2012, and previously reported as common stock. Pursuant to the amendment, shares of performance stock units that were to vest upon Coldwater Creek Inc.'s (the "Company's") achievement of three-year earnings before interest and taxes ("EBIT") targets will now vest upon the Company's achievement of three-year operating income targets over the same time periods. In March 2013, the Compensation Committee of the Board of Directors of the Company determined that the EBIT measure is not appropriate as it does not exclude the impact of changes in the fair value of the derivative liability that arose as a result of the issuance during fiscal 2012 of shares of Series A Preferred Stock which are convertible into shares of the Company's common stock. The amendment does not otherwise alter the March 2012 award of performance stock units.
- [F2]Represents the amendment of an outstanding performance stock unit award granted on January 1, 2013, and previously reported as common stock. Pursuant to the amendment, shares of performance stock units that were to vest upon Coldwater Creek Inc.'s (the "Company's") achievement of three-year earnings before interest, taxes, depreciation and amortization ("EBITDA") targets will now vest upon the Company's achievement of three-year operating income targets over the same time periods. In March 2013, the Compensation Committee of the Board of Directors of the Company determined that the EBITDA measure is not appropriate as it does not exclude the impact of changes in the fair value of the derivative liability that arose as a result of the issuance during fiscal 2012 of shares of Series A Preferred Stock which are convertible into shares of the Company's common stock. The amendment does not otherwise alter the January 2013 award of performance stock units.
Documents
Issuer
COLDWATER CREEK INC
CIK 0001018005
Entity typeother
Related Parties
1- filerCIK 0001513259
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 6:05 PM ET
- Size
- 10.6 KB