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BLUEFLY INC 4

Accession 0001307852-07-000001

CIK 0001030896operating

Filed

Dec 4, 7:00 PM ET

Accepted

Dec 5, 11:04 AM ET

Size

10.0 KB

Accession

0001307852-07-000001

Insider Transaction Report

Form 4
Period: 2007-12-01
Keane Martin J III
SVP of Ecommerce
Transactions
  • Exercise/Conversion

    Deferred Stock Units

    2007-12-01100,000200,000 total
    Common Stock (100,000 underlying)
  • Tax Payment

    Common Stock

    2007-12-01$0.90/sh32,000$28,80092,833 total
  • Exercise/Conversion

    Common Stock

    2007-12-01+100,000124,833 total
Footnotes (5)
  • [F1]Represents shares of Common Stock distributed in respect of Deferred Stock Units ("DSUs") on December 1, 2007.
  • [F2]Represents shares of Common Stock retained by Bluefly, Inc. for tax withholding purposes in connection with the distribution of shares of Common Stock in respect of DSUs.
  • [F3]One-for-one.
  • [F4]On November 30, 2006, the reporting person was granted 300,000 DSUs under the Bluefly, Inc. 2005 Stock Incentive Plan. Such DSUs vest as follows: (i) one-third vest in four equal quarterly installments commencing on December 1, 2006 (the "One-Year DSUs"), (ii) one-third vest in eight equal quarterly installments commencing on December 1, 2006 (the "Two-year DSUs") and (iii) one-third vest in twelve equal quarterly installments commencing on December 1, 2006 (the "Three-Year DSUs"). The shares of Common Stock underlying such DSUs are generally distributable on the following dates: (i) with respect to the One-Year DSUs only, December 1, 2007, (ii) with respect to the Two-Year DSUs only, December 1, 2008 and (iii) with respect to the Three-Year DSUs only, December 1, 2009.
  • [F5]Not applicable.

Issuer

BLUEFLY INC

CIK 0001030896

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001030896

Filing Metadata

Form type
4
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 11:04 AM ET
Size
10.0 KB