4//SEC Filing
Hughes Sharon 4
Accession 0001477440-10-000001
CIK 0000863456other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 7:59 PM ET
Size
8.0 KB
Accession
0001477440-10-000001
Insider Transaction Report
Form 4
WET SEAL INCWTSLA
Hughes Sharon
President & CMO of AB Division
Transactions
- Award
Non-Qualified Stock Option
2010-08-19$2.99/sh+9,000$26,910→ 94,000 totalExercise: $2.99Exp: 2015-08-19→ Common Stock Class A (9,000 underlying) - Award
Common Stock Class A
2010-08-19$2.99/sh+7,200$21,528→ 61,200 total
Footnotes (3)
- [F1]On August 19, 2010 restricted stock was granted pursuant to The Wet Seal, Inc. Stock Incentive Plan. The restricted stock will become vested with respect to 33 1/3% of the shares on each of the next three (3) anniversaries of the Date of Grant until the restricted stock is 100% vested, subject to Executive's Continuous Service with the Company on each of those vested dates.
- [F2]On August 19, 2010 stock options were granted pursuant to The Wet Seal, Inc. Stock Incentive Plan. The options will become vested and exercisable with respect to 33 1/3% of the shares on each of the next three (3) anniversaries of the Date of Grant until the options are 100% vested, subject to Executive's Continuous Service with the Company on each of those vested dates.
- [F3]The stock options become exercisable in three (3) equal annual installments on the first, second and third anniversaries of the grant date thereof.
Documents
Issuer
WET SEAL INC
CIK 0000863456
Entity typeother
Related Parties
1- filerCIK 0001477440
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 7:59 PM ET
- Size
- 8.0 KB