BUSBY JACK W JR 4
4 · HANCOCK FABRICS INC · Filed Sep 15, 2003
Insider Transaction Report
Form 4
BUSBY JACK W JR
DirectorPresident & COO
Transactions
- Exercise of In-Money
Option on Class A Stock
2003-09-12$8.13/sh−40,200$326,625→ 0 totalExercise: $8.13From: 1996-06-08Exp: 2005-06-07→ Class A Common Stock (40,200 underlying) - Sale
Class A Common Stock
2003-09-12$17.00/sh−40,200$683,400→ 122,422 total
Footnotes (1)
- [F1]40,200 shares sold as part of a cashless exercise under option to purchase up to 40,800 shares granted 6/7/95, vesting in equal halves on first two anniversaries (1996 and 1997) from 1987 Stock Option Plan.