GILBERT LESLI R 4
4 · TALBOTS INC · Filed Jun 29, 2011
Insider Transaction Report
Form 4
TALBOTS INCTLB
GILBERT LESLI R
SVP, Stores
Transactions
- Award
Executive Stock Options (Right to Buy)
2011-06-27+87,591→ 87,591 totalExercise: $3.65Exp: 2011-06-27→ Common Stock (87,591 underlying) - Award
Common Stock, par value $0.01 per share
2011-06-27+43,836→ 43,836 total
Footnotes (2)
- [F1](1) Restricted Stock granted pursuant to The Talbots, Inc. 2003 Executive Stock Based Incentive Plan, as amended, which is a Rule 16b-3 plan (the "Plan"). Of these shares, one-third will vest on June 27, 2012; one-third will vest on June 27, 2013; and one-third will vest on June 27, 2014.
- [F2](2) Granted as non-qualified options pursuant to the Plan. Options are exercisable in one-third increments on June 27, 2012, June 27, 2013, and June 27, 2014.