Brown James Ballister 4
4 · HANCOCK FABRICS INC · Filed Apr 19, 2013
Insider Transaction Report
Form 4
Brown James Ballister
Executive VP and CFO
Transactions
- Award
Common Stock
2013-04-18+49,100→ 99,100 total - Award
Common Stock
2013-04-18+50,000→ 50,000 total - Award
Employee Stock Option (right to buy)
2013-04-18+100,000→ 100,000 totalExercise: $0.71Exp: 2020-04-18→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Award of restricted shares that vest 20% on each of the first five anniversaries of the grant date.
- [F2]Award of restricted shares that vest 50% on each of the first two anniversaries of the grant date.
- [F3]One quarter of this stock option will vest on April 18, 2014 and the remaining three quarters will vest in equal monthly installments over the next 36 months.