4//SEC Filing
MCNEAL CATHRINE 4
Accession 0000902664-05-000030
CIK 0000350199other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 3:15 PM ET
Size
11.8 KB
Accession
0000902664-05-000030
Insider Transaction Report
Form 4
CACHE INCCACH
MCNEAL CATHRINE
EVP-General Merchandise Mgr
Transactions
- Exercise of In-Money
Common Stock
2004-12-21$5.83/sh+9,375$54,656→ 9,375 total - Exercise of In-Money
Stock Options
2004-12-21−9,375→ 28,125 totalExercise: $5.83From: 2007-05-23Exp: 2013-05-23→ Common Stock (28,125 underlying) - Other
Stock Options
2003-07-22−0→ 90,000 totalExercise: $12.65From: 2007-07-22Exp: 2013-07-22→ Common Stock (90,000 underlying)
Footnotes (8)
- [F1]Prior to the 1.5:1.0 split of the Company's common stock in June 2004, the exercise price for Ms. McNeal's options outstanding under this grant was $8.74 per share. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the exercise price has been modified and is now $5.83 per share.
- [F2]Options to acquire 9,375 shares vested in accordance with the accelerated vesting schedule previously disclosed. No additional shares have vested based on this schedule.
- [F3]Prior to the 1.5:1.0 split of the Company's common stock in June 2004, Ms. McNeal had 25,000 options outstanding under this grant. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the number of options was increased to 37,500, of which 9,375 were exercised in this transaction.
- [F4]N/A.
- [F5]Prior to the 1:5:1:0 split of the Company's common stock in June 2004, the exercise price for Ms. McNeal's options outstanding under this grant was $18.97 per share. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the exercise price has been modified and is now $12.65 per share.
- [F6]Amendment is solely to reflect price and share adjustments resulting from the June 2004 stock split.
- [F7]The options granted to Ms. McNeal are subject to accelerated vesting under certain circumstances. The granted options may become exercisable earlier at the rate of 25% per 12-month period for the 12-month period-ended July 22, 2004, July 22, 2005 and July 22, 2006, to the extent of the Company's earning plan as approved by the Administrator, is achieved, based on the following scale. Twenty-five percent of Ms. McNeal's options, representing options to purchase 22,500 shares of common stock, vested on July 22, 2004 pursuant to this formula; PERCENTAGE OF PLAN EARNINGS/OPTIONS WHICH WILL BECOME EXERCISABLE Greater than or equal to 90% / 25% Greater than or equal to 75% but less than 90% / 20% Greater than or equal to 60% but less than 75% / 15% Less than 60% / -0-
- [F8]Options were initially granted for 60,000 shares of common stock of the Company. Pursuant to an adjustment mechanism applicable to stock splits, contained in the stock option plan, the number of options was increased to 90,000 as a result of a 1.5:1.0 split of the Company's common stock in June 2004.
Documents
Issuer
CACHE INC
CIK 0000350199
Entity typeother
Related Parties
1- filerCIK 0001258098
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 3:15 PM ET
- Size
- 11.8 KB