RUSS BERRIE & CO INC·4

Feb 26, 4:16 PM ET

Hirsch Fritz 4

4 · RUSS BERRIE & CO INC · Filed Feb 26, 2009

Insider Transaction Report

Form 4
Period: 2009-02-24
Hirsch Fritz
PRESIDENT - SASSY
Transactions
  • Award

    STOCK APPRECIATION RIGHT

    2009-02-24+25,000131,600 total
    Exercise: $1.53Exp: 2019-02-24COMMON STOCK (25,000 underlying)
Footnotes (2)
  • [F1]Represents stock appreciation rights granted on February 24, 2009 pursuant to the Issuer's Equity Incentive Plan, which vest ratably over a five-year period commencing February 24, 2010.
  • [F2]Includes (i) 75,000 options granted on May 2, 2005 pursuant to the Issuer's 2004 Stock Option, Restricted and Non-Restricted Stock Plan (the "Plan"), at an exercise price of $13.05 per share (under the original grant terms, such options vested ratably over a five-year period commencing on May 2, 2006, however, all such options were deemed vested as of December 28, 2005), and (ii) 31,600 options granted on December 27, 2007 pursuant to the Plan at an exercise price of $16.77 per share, which vest ratably over a five-year period commencing December 27, 2008.

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