GOELTZ RICHARD KARL 4
4 · WARNACO GROUP INC /DE/ · Filed May 13, 2011
Insider Transaction Report
Form 4
GOELTZ RICHARD KARL
Director
Transactions
- Award
Restricted Stock Units
2011-05-11$56.90/sh+1,669$94,966→ 10,301 total→ Common Stock, par value $.01 per share (1,669 underlying)
Footnotes (1)
- [F1]Each restricted stock unit is the economic equivalent of one share of Common Stock, par value $.01 per share. The restricted stock units become payable, in Common Stock, within 60 days following the reporting person's termination of service as a director. The restricted stock units were issued pursuant to the deferred compensation provisions of The Warnaco Group, Inc. Non-Employee Directors Deferred Compensation Plan dated as of December 20, 2006, as amended and restated through the date hereof, in satisfaction of a portion of the reporting person's annual compensation for service as a director.