GLEESON JOHN W 4
4 · TALBOTS INC · Filed Sep 29, 2008
Insider Transaction Report
Form 4
TALBOTS INCTLB
GLEESON JOHN W
Director
Transactions
- Award
Director Stock Option (Right to Buy)
2008-09-25+12,000→ 12,000 totalExercise: $13.90Exp: 2018-09-25→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]Granted as non-qualified options pursuant to The Talbots, Inc. Restated Directors Stock Plan, which is a Rule 16b-3 plan.
- [F2]Options vest on the last business day of fiscal year 2012, subject to possible earlier vesting in one-third increments if, over a period of 15 days during any consecutive 20-day trading period, the closing stock price equals or exceeds specified threshold prices.