4//SEC Filing
ANN INC. 4
Accession 0000899243-15-003980
CIK 0000874214operating
Filed
Aug 24, 8:00 PM ET
Accepted
Aug 25, 5:11 PM ET
Size
14.1 KB
Accession
0000899243-15-003980
Insider Transaction Report
Form 4
ANN INC.ANN
MUTO GARY
President, LOFT
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2015-08-21−32,000→ 0 totalExercise: $27.74Exp: 2021-03-15→ Common Stock (32,000 underlying) - Disposition to Issuer
Common Stock
2015-08-21−285,657→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2015-08-21−43,000→ 0 totalExercise: $19.58Exp: 2020-03-16→ Common Stock (43,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2015-08-21−35,000→ 0 totalExercise: $27.85Exp: 2022-03-13→ Common Stock (35,000 underlying) - Award
Common Stock
2015-08-21+20,733→ 285,657 total
Footnotes (5)
- [F1]This represents performance-vesting restricted stock that vests at target in connection with the merger contemplated by the Agreement and Plan of Merger, dated as of May 17, 2015 (the "Merger Agreement"), by and among ANN INC. (the "Company"), ascena retail group, inc. ("ascena") and Avian Acquisition Corp.
- [F2]The shares were disposed of in connection with the merger. Upon consummation of the merger, each share of the Company's common stock was converted into the right to receive $37.34 in cash and 0.68 of a share of ascena common stock.
- [F3]Includes holdings of approximately 10,272 shares in the Company's Associate Discount Stock Purchase Plan.
- [F4]The option to purchase ANN ordinary shares vested or was scheduled to vest in three equal annual installments beginning on the first anniversary of the date of grant.
- [F5]Pursuant to the terms of the Merger Agreement, each option to purchase ANN shares, whether vested or unvested, was converted into the right to receive the per share merger consideration in respect of each net share underlying the ANN option, less the exercise price of the option.
Documents
Issuer
ANN INC.
CIK 0000874214
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000874214
Filing Metadata
- Form type
- 4
- Filed
- Aug 24, 8:00 PM ET
- Accepted
- Aug 25, 5:11 PM ET
- Size
- 14.1 KB