TOWN SPORTS INTERNATIONAL HOLDINGS INC 4
4 · TOWN SPORTS INTERNATIONAL HOLDINGS INC · Filed May 1, 2015
Insider Transaction Report
Form 4
Gallagher Daniel
Chief Financial Officer
Transactions
- Sale
Common Stock, par value $0.001
2015-04-30$6.20/sh−4,200$26,040→ 175,097 total - Exercise/Conversion
Common Stock, par value $0.001
2015-04-30$3.54/sh+4,200$14,868→ 179,297 total - Exercise/Conversion
Stock Option (right to buy)
2015-04-30−4,200→ 0 totalExercise: $3.54From: 2015-04-30Exp: 2015-04-30→ Common Stock, par value $0.001 (4,200 underlying)
Footnotes (3)
- [F1]The exercise of the option and sale of the underlying shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.11 to $6.29, 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.
- [F3]These options initially became exercisable on April 30, 2015, and were set to expire that same day, April 30, 2015.