Machacek Lisa Piovano 4
4 · CLAIBORNE LIZ INC · Filed Mar 3, 2010
Insider Transaction Report
Form 4
Machacek Lisa Piovano
SVP- Chief Human Resources
Transactions
- Exercise/Conversion
Common Stock, par value $1 per share
2010-03-02$7.10/sh+18$128→ 1,572 total - Exercise/Conversion
Phantom Stock
2010-03-02−18→ 0 totalExercise: $7.10From: 2010-03-02Exp: 2010-03-02→ Common Stock, par value $1 per share (18 underlying) - Tax Payment
Common Stock, par value $1 per share
2010-03-02$7.10/sh−227$1,612→ 1,345 total - Award
Options
2010-03-01+25,000→ 25,000 totalExercise: $7.10→ Common Stock, par value $1 per share (25,000 underlying)
Footnotes (3)
- [F1]Represents shares of phantom stock which automatically converted to actual shares upon the vesting of the underlying restricted shares.
- [F2]Represents tax withholding in connection with the vesting of 518 shares of restricted stock on March 2, 2010.
- [F3]These options to purchase shares of Issuer's Common Stock granted under the Liz Claiborne 2000 Stock Incentive Plan vest as follows: 1/4 on each of the first and second grant date anniversary, and the remaining 1/2 on the third grant date anniversary; these options expire on the seventh anniversary of the grant date.