FINLAY ENTERPRISES INC /DE 4
4 · FINLAY ENTERPRISES INC /DE · Filed Feb 7, 2007
Insider Transaction Report
Form 4
KERIN JOHN D
Director
Transactions
- Exercise/Conversion
Common Stock
2007-02-05+413→ 1,213 total - Exercise/Conversion
Phantom Stock Units
2007-02-05$15.12/sh−413$6,245→ 3,085 totalExercise: $0.00→ Common Stock (413 underlying)
Footnotes (5)
- [F1]These phantom stock units were credited to an account for the Reporting Person, under the Issuer's Director Deferred Compensation and Stock Purchase Plan approved by stockholders (the "Director Plan"), in connection with the deferral of the Reporting Person's director fees on February 2, 2004, and were fully vested on the transaction date. Pursuant to the Reporting Person's three-year deferral period, the phantom stock units became payable on February 5, 2007.
- [F2]These phantom stock units were credited to an account for the Reporting Person, under the Director Plan, through matching by the Issuer, in connection with the deferral of the Reporting Person's director fees on February 2, 2004, and vested on the one year anniversary of the transaction date. Pursuant to the Reporting Person's three-year deferral period, the phantom stock units became payable on February 5, 2007.
- [F3]Each phantom stock unit converts to common stock on a one-for-one basis.
- [F4]Phantom stock units previously credited to an account for the Reporting Person under the Director Plan.
- [F5]Phantom stock units previously credited to an account for the Reporting Person, through matching by the Issuer, under the Director Plan.