ALCO STORES INC 4
4 · ALCO STORES INC · Filed Sep 23, 2014
Insider Transaction Report
Form 4
ALCO STORES INCALCS
Wilson Richard Edward
President/CEO
Transactions
- Conversion
Common Stock
2014-08-29+3,750→ 10,000 total - Conversion
Restricted Stock
2014-08-29−3,750→ 0 totalExercise: $0.00→ Common Stock (3,750 underlying)
Holdings
- 15,000
Stock Option (right to buy 05/24/2013)
Exercise: $9.31From: 2014-08-29Exp: 2015-09-04→ Common Stock (15,000 underlying) - 10,500
Stock Option (right to buy 7/6/12)
Exercise: $9.43From: 2014-08-29Exp: 2015-09-04→ Common Stock (10,500 underlying) - 25,500
Stock Option (option performance based 7/6/12)
Exercise: $9.43From: 2014-08-29Exp: 2015-09-04→ Common Stock (25,500 underlying) - 100,000
Stock Option (right to buy 2/22/10)
Exercise: $14.34From: 2014-08-29Exp: 2015-02-22→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Pursuant to the terms of the Company's 2012 Equity Incentive Plan and the Restricted Stock Agreement entered into in accordance with the terms of such Plan, the election of seven new directors at the Company's Annual Meeting of Stockholders on August 29, 2014 constituted a "Change of Control" event, which automatically accelerated the vesting of the restricted stock.
- [F2]The restricted stock does not have an expiration date.
- [F3]Pursuant to the terms of the Company's 2003 Incentive Stock Option Plan, the Company's 2012 Equity Incentive Plan and the Incentive Stock Option Agreements and the Time Based Incentive Stock Option Agreement entered into in accordance with the terms of such plans, the election of seven new directors at the Company's Annual Meeting of Stockholders on August 29, 2014 constituted a "Change of Control" event, which automatically accelerated the vesting of the stock options.
- [F4]Mr. Wilson's employment terminated on September 4, 2014, and pursuant to the terms of the option award agreements issued under the 2012 Plan, these options expire 12 months after the date of termination.