Hillman Karyn 4
4 · WARNACO GROUP INC /DE/ · Filed Feb 15, 2013
Insider Transaction Report
Form 4
Hillman Karyn
EVP & Chief Merchandising Off
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2013-02-13−11,602→ 0 total - Disposition to Issuer
Employee Stock Options (right to buy)
2013-02-13−26,342→ 0 totalExercise: $59.08Exp: 2022-04-02→ Common Stock, par value $0.01 per share (26,342 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of October 29, 2012 (the "Merger Agreement"), among The Warnaco Group, Inc. ("Warnaco"), PVH Corp. ("PVH") and Wand Acquisition Corp., a wholly-owned subsidiary of PVH ("Merger Sub"), Merger Sub merged with and into Warnaco, with Warnaco continuing as the surviving corporation and a wholly-owned subsidiary of PVH. Pursuant to the Merger Agreement, at the Effective Time (as defined in the Merger Agreement), each share of Warnaco restricted stock that was outstanding immediately prior to the Effective Time was assumed by PVH and converted into an award of or relating to 7088 shares of PVH common stock.
- [F2]Pursuant to the Merger Agreement, at the Effective Time, these Warnaco stock options were assumed by PVH and converted into an option to acquire 16092 shares of PVH common stock at $96.71 per share.