GRAY MICHAEL A 4

4 · SEARS HOMETOWN & OUTLET STORES, INC. · Filed Jan 31, 2019

Form 4

Period: 2019-01-30

SVP, Store Operations

Transactions

Disposition to Issuer
Common Stock
2019-01-30$2.10/sh−20,702$43,474→ 4,600 total
Exercise/Conversion
Phantom Stock (stock units)
2019-01-30−6,667→ 6,666 total
Exercise: $0.00From: 2019-01-30Exp: 2020-01-30→ Common Stock (6,667 underlying)
Exercise/Conversion
Phantom Stock (stock units)
2019-01-30−14,035→ 28,070 total
Exercise: $0.00From: 2019-01-30Exp: 2021-01-30→ Common Stock (14,035 underlying)
Exercise/Conversion
Common Stock
2019-01-30+6,667→ 11,267 total
Exercise/Conversion
Common Stock
2019-01-30+14,035→ 25,302 total

Footnotes (3)

[F1]Each share of Phantom Stock (stock unit) is the economic equivalent of one share of the Company's common stock and is exercisable solely for cash.
[F2]These shares of Phantom Stock (stock units) vested on 1-30-19 in accordance with their terms. The remaining shares of Phantom Stock (stock units) with respect to this grant vest on 1-30-20.
[F3]These shares of Phantom Stock (stock units) vested on 1-30-19 in accordance with their terms. The remaining shares of Phantom Stock (stock units) with respect to this grant vest one-half on 1-30-20 and the other half on 1-30-21.

Documents

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