TALBOTS INC 4
4 · TALBOTS INC · Filed Jul 22, 2005
Insider Transaction Report
Form 4
TALBOTS INCTLB
PRESCOTT BRUCE LEE
SVP, Dir. Market. & Cust. Serv
Transactions
- Sale
Common Stock, par value $0.01 per share
2005-07-20$33.24/sh−229$7,612→ 17,500 total - Sale
Common Stock, par value $0.01 per share
2005-07-20$33.05/sh−15,105$499,220→ 2,395 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2005-07-20$19.00/sh+15,334$291,346→ 17,729 total - Sale
Common Stock, par value $0.01 per share
2005-07-20$33.05/sh−2,395$79,155→ 0 total - Exercise/Conversion
Executive Stock Options (Right to Buy)
2005-07-20−15,334→ 0 totalExercise: $19.00Exp: 2010-03-09→ Common Stock (15,334 underlying)
Holdings
- 1,094(indirect: By 401(k))
Common Stock, par value $0.01 per share
- 12,500
Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]Performance Accelerated Restricted Stock ("PARS") subject to vesting as follows: if the Company's average return on net assets ("RONA") over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 11, 2010, subject to continued employment.
- [F2]PARS subject to vesting as follows: if the Company's average RONA over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 11, 2009, subject to continued employment.
- [F3]PARS subject to vesting as follows: if the Company's average RONA over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 13, 2008 subject to continued employment.
- [F4]Information presented as of July 19, 2005.
- [F5]All options currently exercisable.