GOODELL ELAINE H 4
4 · CLAIBORNE LIZ INC · Filed Mar 7, 2011
Insider Transaction Report
Form 4
GOODELL ELAINE H
Corporate Controller and CAO
Transactions
- Exercise/Conversion
Common Stock, par value per share
2011-03-03$5.39/sh+39$210→ 19,180 total - Tax Payment
Common Stock, par value per share
2011-03-03$5.39/sh−580$3,126→ 18,600 total - Exercise/Conversion
Phantom Stock
2011-03-03−39→ 0 totalExercise: $5.39From: 2011-03-03Exp: 2011-03-03→ Common Stock, par value $1 per share (39 underlying) - Award
Restricted Stock Units
2011-03-01+5,000→ 5,000 total→ Common Stock, par value $1 per share (5,000 underlying)
Footnotes (4)
- [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 1,539 shares of restricted stock on March 3, 2011.
- [F3]Each restricted stock unit represents a right to receive one share of Liz Claiborne, Inc. common stock.
- [F4]These restricted stock units grated under the Liz Claiborne 2002 Stock Incentive Plan vest 1/2 on the second year anniversary and the remaining 1/2 on the third year anniversary.