Kubo Jon 4
4 · WET SEAL INC · Filed Aug 30, 2010
Insider Transaction Report
Form 4
WET SEAL INCWTSLA
Kubo Jon
Sr. Vp. E-Commerce & CIO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2010-08-26$3.15/sh+75,000$236,250→ 117,020 totalExercise: $3.15Exp: 2015-08-26→ Common Stock Class A (75,000 underlying)
Footnotes (1)
- [F1]On August 26, 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 options are 100% vested, subject to Executive's Continuous Service with the Company on each of those vested dates.