FINLAY ENTERPRISES INC /DE 4

4 · FINLAY ENTERPRISES INC /DE · Filed Apr 29, 2009

Form 4

Period: 2009-04-25

DirectorChairman, President & CEO

Transactions

Tax Payment
Common Stock
2009-04-25$0.05/sh−9,965$498→ 263,817 total
Exercise/Conversion
Phantom Stock Units
2009-04-25−13,439→ 44,704 total
Exercise: $0.00→ Common Stock (13,439 underlying)
Exercise/Conversion
Common Stock
2009-04-25+13,439→ 260,343 total
Exercise/Conversion
Common Stock
2009-04-25+13,439→ 273,782 total
Exercise/Conversion
Phantom Stock Units
2009-04-25$9.79/sh−13,439$131,568→ 44,704 total
Exercise: $0.00→ Common Stock (13,439 underlying)

Footnotes (6)

[F1]Surrender of shares as payment of tax withholding relating to distribution of phantom stock units.
[F2]Each phantom stock unit converts to common stock on a one-for-one basis.
[F3]These phantom stock units were credited to an account for the Reporting Person under the Issuer's Executive Deferred Compensation and Stock Purchase Plan approved by stockholders in June 2003 (the "Executive Plan") in connection with the deferral of a portion of the Reporting Person's annual bonus on April 25, 2006. These phantom stock units were fully vested on the transaction date. Pursuant to the Reporting Person's three-year deferral period, the phantom stock units became payable on April 25, 2009.
[F4]Phantom stock units previously credited to an account for the Reporting Person under the Executive Plan.
[F5]These phantom stock units were credited to an account for the Reporting Person under the Executive Plan, through matching by the Issuer, in connection with the deferral of a portion of the Reporting Person's annual bonus on April 25, 2006. These phantom stock units vested on the three-year anniversary of the transaction date. Pursuant to the Reporting Person's three-year deferral period, the phantom stock units became payable on April 25, 2009.
[F6]Phantom stock units previously credited to an account for the Reporting Person, through matching by the Issuer, under the Executive Plan.

Documents

1 file