WHITFORD PETER 4
4 · WET SEAL INC · Filed Jun 18, 2004
Insider Transaction Report
Form 4
WET SEAL INCWTSLA
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-06-17+100,000→ 100,000 totalExercise: $5.78Exp: 2014-06-17→ Common Stock Class A (100,000 underlying)
Holdings
- 300,000
Non-Qualified Stock Option (right to buy)
Exercise: $10.53Exp: 2013-06-30→ Common Stock Class A (300,000 underlying)
Footnotes (3)
- [F1]Represents Non-Qualified Stock Options (right to buy) granted under the Company's 1996 Long Term Incentive Plan
- [F2]The stock option becomes exercisable in three equal installments, the first 1/3 vesting immediately upon grant, the second 1/3 vesting six months from the grant date and the final 1/3 vesting twelve months from the grant date.
- [F3]The stock option becomes exercisable in three equal annual installments, commencing one year after the date of grant.