4//SEC Filing
OCONNELL RICHARD T JR 4
Accession 0001214659-09-001095
CIK 0000912263other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 8:00 PM ET
Size
10.0 KB
Accession
0001214659-09-001095
Insider Transaction Report
Form 4
TALBOTS INCTLB
OCONNELL RICHARD T JR
EVP, Legal & Real Estate & Sec
Transactions
- Award
Executive Stock Options (Right to Buy)
2009-04-30+74,800→ 74,800 totalExercise: $2.36Exp: 2019-04-30→ Common Stock (74,800 underlying) - Award
Common Stock, par value $0.01 per share
2009-04-30+50,000→ 225,251 total
Holdings
- 12,500
Common Stock, par value $0.01 per share
- 12,500
Common Stock, par value $0.01 per share
- 20,000
Common Stock, par value $0.01 per share
Footnotes (5)
- [F1]Restricted Stock granted pursuant to The Talbots, Inc. 2003 Executive Stock Based Incentive Plan, as amended, which is a Rule 16b-3 plan (the "Plan"). Of these shares, 12,500 will vest on April 30, 2010; 12,500 will vest on April 30, 2011; and 25,000 will vest on April 30, 2012
- [F2]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 9, 2012, subject to continued employment.
- [F3]Shares of PARS which are scheduled to vest on March 3, 2011, subject to continued employment.
- [F4]Shares of PARS which are scheduled to vest on March 11, 2010, subject to continued employment.
- [F5]Granted as non-qualified options pursuant to the Plan. Options are exercisable in one-third increments on April 30, 2010, April 30, 2011, and April 30, 2012.
Documents
Issuer
TALBOTS INC
CIK 0000912263
Entity typeother
Related Parties
1- filerCIK 0001193325
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 8:00 PM ET
- Size
- 10.0 KB