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Home/Filings/4/0001209191-14-022226
4//SEC Filing

ZALE CORP 4

Accession 0001209191-14-022226

CIK 0000109156operating
View on SEC.govCompany Profile

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 4:56 PM ET

Size

21.6 KB

Accession

0001209191-14-022226

Insider Transaction Report

Form 4
Period: 2014-03-18
ZALE CORPZLC
GGCOF CO-INVEST, L.P.
10% Owner
Transactions
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
Z Investment Holdings, LLC
10% Owner
Transactions
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
GGCOF THIRD-PARTY CO-INVEST, L.P.
10% Owner
Transactions
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
Golden Gate Capital Opportunity Fund-A LP
10% Owner
Transactions
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
GOLDEN GATE CAPITAL OPPORTUNITY FUND LP
10% Owner
Transactions
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
GGC Opportunity Fund Management GP, Ltd.
10% Owner
Transactions
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
GGC Opportunity Fund Management, L.P.
10% Owner
Transactions
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
GGCOF Co-Invest Management, L.P.
10% Owner
Transactions
  • Exercise of In-Money

    Warrants (right to buy)

    2014-03-18+11,064,584→ 0 total
    Exercise: $2.00From: 2010-05-10Exp: 2017-05-10→ Common Stock (11,064,584 underlying)
  • Other

    Common Stock

    2014-03-18$21.22/sh−1,042,609$22,124,163→ 10,022,075 total
  • Exercise of In-Money

    Common Stock

    2014-03-18$2.00/sh+11,064,584$22,129,168→ 11,064,584 total
Footnotes (4)
  • [F1]The common stock beneficially owned directly by Z Investment Holdings, LLC is beneficially owned indirectly by (a) Golden Gate Capital Opportunity Fund, L.P., (b) Golden Gate Capital Opportunity Fund-A, L.P., (c) GGCOF Third Party Co-Invest, L.P. and (d) GGCOF Co-Invest, L.P. The common stock indirectly held by the funds listed in clauses (a) through (c) is beneficially owned indirectly by GGC Opportunity Fund Management, L.P. ("Management GP"), their general partner, and GGC Opportunity Fund Management GP, Ltd. ("Ultimate GP"), the general partner of Management GP. The common stock indirectly held by the fund listed in clause (d) is beneficially owned indirectly by GGCOF Co-Invest Management, L.P. ("GGCOF Management"), its general partner, Management GP, the general partner of GGCOF Management and the Ultimate GP, the general partner of Management GP.
  • [F2](Continued from footnote 1) The Ultimate GP has voting and dispositive authority over the common stock held by Z Investment and is governed by its board of directors.
  • [F3]On March 18, 2014, the reporting persons exercised warrants to purchase 11,064,584 shares of Zale Corporation common stock for $2.00 a share. Pursuant to the terms of the warrants, the reporting persons paid the exercise price on a cashless basis, resulting in Zale Corporation's withholding of 1,042,609 shares of common stock underlying the warrants. The remaining 10,022,075 shares underlying the warrants were issued to the reporting persons.
  • [F4]The number of shares withheld by Zale Corporation was determined pursuant to the terms of the warrants.

Documents

1 file

Issuer

ZALE CORP

CIK 0000109156

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000109156

Filing Metadata

Form type
4
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:56 PM ET
Size
21.6 KB
View on SEC.gov