MCANIFF NORA P 4
4 · SAKS INC · Filed Feb 1, 2013
Insider Transaction Report
Form 4
SAKS INCSKS
MCANIFF NORA P
Director
Transactions
- Discretionary Transaction
Phantom Stock
2013-01-31$10.81/sh−951.122$10,282From: 2013-01-31Exp: 2013-01-31→ Common Stock (951.122 underlying)
Footnotes (1)
- [F1]Each share of phantom stock represents the right to receive the cash equivalent of one share of SKS common stock or, at the reporting person's election, one share of SKS common stock. Pursuant to the reporting person's grant deferral election form, the phantom stock became payable in five equal installments beginning 2010.