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4//SEC Filing

OCONNELL RICHARD T JR 4

Accession 0001214659-10-000580

CIK 0000912263other

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 6:19 PM ET

Size

7.8 KB

Accession

0001214659-10-000580

Insider Transaction Report

Form 4
Period: 2010-02-26
OCONNELL RICHARD T JR
EVP, Legal & Real Estate & Sec
Transactions
  • Award

    Common Stock, par value $0.01 per share

    2010-02-26+50,000275,251 total
Holdings
  • 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

    12,500
Footnotes (4)
  • [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, one-third will vest on February 26, 2011; one-third will vest on February 26, 2012; and one-third will vest on February 26, 2013.
  • [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.

Issuer

TALBOTS INC

CIK 0000912263

Entity typeother

Related Parties

1
  • filerCIK 0001193325

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:19 PM ET
Size
7.8 KB