Annese Martin J. 4
4 · TOWN SPORTS INTERNATIONAL HOLDINGS INC · Filed Nov 17, 2011
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock, par value $0.001
2011-11-16$7.51/sh−10,000$75,100→ 12,500 total - Exercise/Conversion
Common Stock, par value $0.001
2011-11-16$2.12/sh+10,000$21,200→ 22,500 total - Exercise/Conversion
Stock Option (right to buy)
2011-11-16−10,000→ 140,000 totalExercise: $2.12From: 2010-12-11Exp: 2019-12-11→ Common Stock, par value $0.001 (10,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.32 to $7.70, inclusive. The reporting person undertakes to provide to Town Sports International Holdings, Inc., any security holder of Town Sports International Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]These options were granted on December 11, 2009 and began to vest in four equal annual installments commencing on December 11, 2010, the first anniversary of the grant date.