Machacek Lisa Piovano 4
4 · CLAIBORNE LIZ INC · Filed Sep 6, 2011
Insider Transaction Report
Form 4
Machacek Lisa Piovano
SVP- Chief Human Resources
Transactions
- Award
Options
2011-09-01+25,000→ 25,000 totalExercise: $5.06→ Common Stock, par value $1 per share (25,000 underlying)
Footnotes (1)
- [F1]These options to purchase shares of Issuer's Common Stock granted under the Liz Claiborne, Inc. 2011 Stock Incentive Plan vest as follows: 1/4 of each of the first and second anniversary, and the remaining 1/2 on the third anniversary; these options expire on the seventh anniversary. The option grant date was established by the Compensation Committee of the Issuer's Board of Directors in January 2010, and reflects the second tranche of options granted to Reporting Person in 2011.