CHEROKEE INC 4
4 · CHEROKEE INC · Filed Aug 6, 2014
Insider Transaction Report
Form 4
CHEROKEE INCCHKE
TWORECKE FRANK
Director
Transactions
- Award
Common Stock
2014-08-04$13.87/sh+3,333$46,229→ 4,833 total
Holdings
- 5,500
Common Stock Option
Exercise: $14.12From: 2012-07-11Exp: 2019-07-11→ Common Stock (5,500 underlying) - 13,500
Restricted Stock Units
From: 2016-06-27Exp: 2016-06-27→ Common Stock (2,500 underlying) - 1,500
Restricted Common Stock Award
- 11,000
Common Stock Option
Exercise: $12.65From: 2013-06-27Exp: 2020-06-27→ Common Stock (5,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of Cherokee Inc.
- [F2]In accordance with Cherokee's current compensation programs for non-employee directors, each non-employee director may elect to receive all or a portion of such director's annual retainer fees in restricted stock units in lieu of cash payments. The price per unit was established concurrently with the recipient's election regarding whether to receive restricted stock units in lieu of cash for such recipient's service over a one year period ending on August 4, 2015.