SAKS INC 4
4 · SAKS INC · Filed Nov 5, 2013
Insider Transaction Report
Form 4
SAKS INCSKS
HESS DONALD E
Director
Transactions
- Gift
Common Stock
2013-10-16−13,487→ 83,323 total - Gift
Common Stock
2013-10-15−3,414→ 96,810 total - Gift
Common Stock
2013-10-11−18,519→ 100,224 total - Disposition to Issuer
Common Stock
2013-11-04−83,323→ 0 total
Footnotes (2)
- [F1]By gift for no value.
- [F2]Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 28, 2013, by and among Hudson's Bay Company, Harry Acquisition Inc. and Saks Incorporated (the "Company"), each share of the Company's common stock and each restricted share converted at the effective time of the merger into the right to receive $16.00 in cash.