Lyons Dennis 4
4 · HANCOCK FABRICS INC · Filed Mar 15, 2012
Insider Transaction Report
Form 4
Lyons Dennis
Sr. VP Store Operations
Transactions
- Award
Common Stock
2012-03-06+25,000→ 25,000 total - Award
Employee Stock Option (right to buy)
2012-03-06+50,000→ 50,000 totalExercise: $0.81Exp: 2019-03-06→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Includes 25,000 shares that are subject to time vesting, with 20% vesting on each anniversary of the grant date beginning March 6, 2013.
- [F2]One quarter of this stock option will vest on 3/6/2013 and the remaining three quarters will vest in equal monthly installments over the next 36 months.