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4//SEC Filing

Bachman Barbara 4

Accession 0001477466-10-000001

CIK 0000863456other

Filed

Aug 23, 8:00 PM ET

Accepted

Aug 24, 7:42 PM ET

Size

8.0 KB

Accession

0001477466-10-000001

Insider Transaction Report

Form 4
Period: 2010-08-19
Bachman Barbara
Sr. VP. Store Operations
Transactions
  • Award

    Common Stock Class A

    2010-08-19$2.99/sh+6,400$19,13617,845 total
  • Award

    Non-Qualified Stock Option

    2010-08-19$2.99/sh+8,000$23,92090,000 total
    Exercise: $2.99Exp: 2015-08-19Common Stock Class A (8,000 underlying)
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. 2005 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 option are 100% vested, subject to Executive's Continuous Service with the Company on each of those vesting dates.
  • [F3]The stock options become exercisable in three (3) equal annual installments of the first, second and third anniversaries of the grant date thereof.

Issuer

WET SEAL INC

CIK 0000863456

Entity typeother

Related Parties

1
  • filerCIK 0001477466

Filing Metadata

Form type
4
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 7:42 PM ET
Size
8.0 KB