Destination Maternity Corp 4
4 · Destination Maternity Corp · Filed Aug 3, 2016
Insider Transaction Report
Form 4
Stern David Ross
EVP & CFO
Transactions
- Award
Common Stock
2016-08-01+15,569→ 15,569 total - Award
Stock Option (Right to Buy)
2016-08-01+73,255→ 73,255 totalExercise: $5.62Exp: 2026-08-01→ Common Stock (73,255 underlying)
Footnotes (2)
- [F1]On August 1, 2016, 15,569 shares of restricted stock were issued to the Reporting Person by the Issuer. These shares vest in four (4) annual installments beginning on August 1, 2017 as follows: 3,892 shares vest on each of August 1, 2017, August 1, 2018, and August 1, 2019, and 3,893 shares vest on August 1, 2020.
- [F2]On August 1, 2016, options to purchase 73,255 shares were granted to the Reporting Person by the Issuer. The options vest and are exercisable in four (4) annual installments beginning on August 1, 2017 as follows: 18,313 options vest on August 1, 2017 and 18,314 options vest on each of August 1, 2018, August 1, 2019, and August 1, 2020. All of the outstanding August 1, 2016 options are unvested.