Gordmans Stores, Inc. 4
4 · Gordmans Stores, Inc. · Filed Nov 12, 2013
Insider Transaction Report
Form 4
Morand Michael S
VP, Planning
Transactions
- Award
Stock option (buy)
2013-09-24+10,670→ 41,554 totalExercise: $8.18Exp: 2020-08-10→ Common Stock, par value $0.001 (10,670 underlying)
Footnotes (1)
- [F1]The options have the same exercise price and vesting schedule as the stock options granted on August 10, 2010; as such, 60% of the options immediately vested on the grant date. The options were issued in accordance with Section 4.2.b. of the Gordmans Stores, Inc. 2010 Omnibus Incentive Compensation Plan in order to equalize the holder's equity position in connection with the $3.60 per share special cash dividend paid on September 23, 2013.