STEVEN MADDEN, LTD. 4
4 · STEVEN MADDEN, LTD. · Filed Nov 22, 2013
Insider Transaction Report
Form 4
SCHMERTZ ROBERT
Brand Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2013-11-19$10.99/sh+33,750$370,946→ 373,252 total - Exercise/Conversion
Stock Option (right to buy)
2013-11-19−33,750→ 33,753 totalExercise: $10.99From: 2013-10-08Exp: 2016-10-08→ Common Stock (33,750 underlying) - Sale
Common Stock, par value $0.0001 per share
2013-11-19$38.07/sh−38,750$1,475,058→ 334,502 total
Footnotes (3)
- [F1]On October 1, 2013, Steven Madden, Ltd. (the "Company") effected a three-for-two stock split (effected as a stock dividend), which resulted in the reporting person receiving 113,167 additional shares of Common Stock of the Company.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.77 to $38.41, inclusive. The reporting person undertakes to provide to the Company, any security holder of Steven Madden, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]This option was previously reported as covering 22,500 shares at an exercise price of $16.487 per share, but was adjusted to reflect the three-for-two stock split (effected as a stock dividend) that occurred on October 1, 2013.