GRAY MICHAEL A 4
4 · SEARS HOMETOWN & OUTLET STORES, INC. · Filed Apr 17, 2018
Insider Transaction Report
Form 4
GRAY MICHAEL A
SVP, Store Operations
Transactions
- Disposition to Issuer
Common Stock
2018-04-13$3.25/sh−20,661$67,148→ 4,600 total - Exercise/Conversion
Common Stock
2018-04-13+20,661→ 25,261 total - Exercise/Conversion
Phantom Stock (stock units)
2018-04-13−20,661→ 0 totalExercise: $0.00From: 2018-04-13Exp: 2018-04-13→ Common Stock (20,661 underlying)
Footnotes (1)
- [F1]Each share of phantom stock (each a stock unit) was the economic equivalent of one share of the Company's common stock and was payable only in cash. These shares of phantom stock (stock units) vested in accordance with their terms and were paid in cash.