4//SEC Filing
Francesca's Holdings CORP 4
Accession 0001510192-14-000101
CIK 0001399935operating
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 4:52 PM ET
Size
6.6 KB
Accession
0001510192-14-000101
Insider Transaction Report
Form 4
BARNES MICHAEL W
DirectorCEO & President
Transactions
- Award
Employee Stock Option (right to buy)
2014-12-04+1,000,000→ 1,000,000 totalExercise: $11.56Exp: 2024-12-03→ Common Stock (1,000,000 underlying)
Footnotes (2)
- [F1]This stock option was granted on December 4, 2014 and represents a contingent right to purchase up to 1,000,000 shares of the Issuer's common stock. Fifty percent of the total number of shares subject to the stock option award (the "Tranche 1 Shares" will be eligible to vest at the end of the three-year period consisting of the Issuer's 2015, 2016 and 2017 fiscal years, provided that (1) the closing price of the Issuer's common stock equals or exceeds $20 for not less than 60 trading days during a period of not less than 90 consecutive trading days during such three-year period and (2) the Reporting Person remains continuously employed through the end of such three-year period.
- [F2]The remaining 50% of the total number of shares subject to the option award (the "Tranche 2 Shares") will be eligible to vest at the end of the two-year period consisting of the Issuer's 2018 and 2019 fiscal years, provided that (1) the closing price of the Issuer's common stock equals or exceeds $25.00 for not less than 60 trading days during a period of not less than 90 consecutive trading days during such two-year period and (2) the Reporting Person remains continuously employed through the end of such two-year period. To the extent the Tranche 1 Shares do not become eligible to vest during the applicable three-year period described above, such shares will, subject to the Reporting Person's continuous employment with the Issuer through the last day of such period, remain eligible to vest on the same vesting terms as the Tranche 2 Shares.
Documents
Issuer
Francesca's Holdings CORP
CIK 0001399935
Entity typeoperating
Related Parties
1- filerCIK 0001399935
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 4:52 PM ET
- Size
- 6.6 KB