4//SEC Filing
GUMBERG IRA J 4
Accession 0001209191-11-019102
CIK 0000034151other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 10:22 AM ET
Size
12.7 KB
Accession
0001209191-11-019102
Insider Transaction Report
Form 4
GUMBERG IRA J
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2011-03-18$61.00/sh−6,828$416,508→ 0 totalExercise: $0.00From: 2011-03-18Exp: 2011-03-18→ Common Stock (6,828 underlying) - Disposition to Issuer
Restricted Stock Units
2011-03-18$61.00/sh−2,769$168,909→ 0 totalExercise: $0.00From: 2011-03-18Exp: 2011-03-18→ Common Stock (2,769 underlying)
Footnotes (2)
- [F1]Accelerated conversion of restricted stock units into common stock on a one-to-one basis pursuant to the merger agreement, dated as of December 23, 2010, by and among the Company, Needle Holdings Inc. and Needle Merger Sub Corp. (the "Merger Agreement"). Pursuant to the Merger Agreement, effective as of March 18, 2011, the Company's common shares were automatically cancelled and converted into the right to receive $61.00 in cash.
- [F2]Accelerated conversion of phantom stock units that were accrued under the 1998 Incentive Compensation Plan and/or the 2008 Incentive Compensation Plan and the rules thereunder, into common stock on a one-to-one basis pursuant to the merger agreement, dated as of December 23, 2010, by and among the Company, Needle Holdings Inc. and Needle Merger Sub Corp. (the "Merger Agreement"). Pursuant to the Merger Agreement, effective as of March 18, 2011, the Company's common shares were automatically cancelled and converted into the right to receive $61.00 in cash.
Issuer
JO-ANN STORES INC
CIK 0000034151
Entity typeother
Related Parties
1- filerCIK 0001184628
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 10:22 AM ET
- Size
- 12.7 KB