ZALE CORP 4
4 · ZALE CORP · Filed Dec 9, 2013
Insider Transaction Report
Form 4
ZALE CORPZLC
Braverman Yuval
Director
Transactions
- Exercise/Conversion
Common Stock
2013-12-05$13.06/sh+19,465$254,213→ 43,112 total - Exercise/Conversion
Restricted Stock Units
2013-12-05−19,465→ 0 totalExercise: $0.00From: 2013-12-05→ Common Stock (19,465 underlying)
Holdings
- 10,000
Stock Options (right to buy)
Exercise: $3.07From: 2011-12-03Exp: 2020-12-03→ Common Stock (10,000 underlying) - 5,000
Stock options (right to buy)
Exercise: $3.75From: 2011-02-08Exp: 2020-02-08→ Common Stock (5,000 underlying) - 1,583
Stock Options (right to buy)
Exercise: $21.48From: 2009-06-19Exp: 2018-06-19→ Common Stock (1,583 underlying) - 4,902
Restricted Stock Units
Exercise: $0.00From: 2009-11-18→ Common Stock (4,902 underlying)
Footnotes (3)
- [F1]Represents the vesting of restricted stock units as described in footnote 2 below. No shares were bought or sold on the open market.
- [F2]Restricted stock units granted under Zale Corporation 2011 Omnibus Incentive Compensation Plan that vest as to 100% of the units on the one-year anniversary of the date of grant or, if earlier, the date of the next annual meeting of stockholders of Zale Corporation following the date of grant. Upon vesting, the holder will be entitled to receive one share of common stock for each unit, unless the Board of Directors determines that payment shall be made in cash. This transaction represents the vesting of 100% of this grant.
- [F3]Restricted stock units granted under the Plan that vested on November 18, 2009. The holder will be entitled to receive one share of common stock for each unit, unless the Board of Directors determines that payment shall be made in cash. The holder has elected to defer delivery of any shares that would be due by virtue of vesting until the date that is six months following his separation from service with the Company.