HESS DONALD E 4
4 · SAKS INC · Filed Nov 19, 2010
Insider Transaction Report
Form 4
SAKS INCSKS
HESS DONALD E
Director
Transactions
- Exercise/Conversion
Common Stock
2010-11-17$7.71/sh+5,164$39,803→ 152,502 total - Exercise/Conversion
Employee Stock Option Right to Buy
2010-11-17+2,582→ 0 totalExercise: $6.58Exp: 2011-06-13→ Common Stock (2,582 underlying) - Exercise/Conversion
Common Stock
2010-11-17$5.42/sh+4,305$23,345→ 156,807 total - Sale
Common Stock
2010-11-17$11.36/sh−40,000$454,508→ 104,756 total - Sale
Common Stock
2010-11-17$11.50/sh−12,051$138,587→ 144,756 total - Exercise/Conversion
Common Stock
2010-11-17$6.58/sh+2,582$16,977→ 147,338 total - Exercise/Conversion
Employee Stock Option Right to Buy
2010-11-17+5,164→ 0 totalExercise: $7.71Exp: 2012-06-19→ Common Stock (5,164 underlying) - Exercise/Conversion
Employee Stock Option Right to Buy
2010-11-17+4,305→ 0 totalExercise: $5.42Exp: 2013-06-11→ Common Stock (4,305 underlying)
Footnotes (4)
- [F1]Option vested as follows: 20% on 12/13/2001; 20% on 6/13/2002; 20% on 6/13/2003; 20% on 6/13/2004; and 20% on 6/13/2005.
- [F2]Option vested as follows: 20% on 12/19/2002; 20% on 6/19/2003; 20% on 6/19/2004; 20% on 6/19/2005; and 20% on 6/19/2006.
- [F3]Option vested as follows: 20% on 12/11/2003; 20% on 6/11/2004; 20% on 6/11/2005; 20% on 6/11/2006; and 20% on 6/11/2007.
- [F4]The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.25 to $11.54, inclusive. The reporting person undertakes to provide to Saks Incorporated, any security holder of Saks Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.