van Benten Susan 4
4 · HANCOCK FABRICS INC · Filed Sep 22, 2010
Insider Transaction Report
Form 4
van Benten Susan
SVP, Merchandising
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-09-20+50,000→ 50,000 totalExercise: $1.45Exp: 2017-09-20→ Common Stock (50,000 underlying) - Award
Common Stock
2010-09-20+25,000→ 25,000 total - Award
Employee Stock Option (Right to Buy)
2010-09-20+17,720→ 17,720 totalExercise: $1.45Exp: 2017-09-20→ Common Stock (17,720 underlying)
Footnotes (3)
- [F1]Includes 25,000 shares that are subject to time vesting with 20% vesting on each anniversary of the grant date beginning September 20, 2011.
- [F2]The options vest as follows: 25% on or after the first anniversary of the grant date and the balance in equal monthly installments over the next 36 months.
- [F3]These stock options were awarded under the Company's Long Term Stock Plan and vest, if at all, based upon the lapse of time and the achievement of specific performance goals.