J JILL GROUP INC 4
4 · J JILL GROUP INC · Filed May 5, 2006
Insider Transaction Report
Form 4
J JILL GROUP INCJILL
LITLE THOMAS J
Director
Transactions
- Disposition to Issuer
Non-Statutory Stock Option (Right to buy)
2006-05-03$10.97/sh−11,250$123,379→ 0 totalExercise: $13.08From: 1999-05-25Exp: 2006-05-03→ Common Stock (11,250 underlying) - Disposition to Issuer
Common Stock
2006-05-03$24.05/sh−3,375$81,169→ 0 total(indirect: By Spouse) - Disposition to Issuer
Non-Statutory Stock Option (Right to buy)
2006-05-03$10.84/sh−7,500$81,300→ 0 totalExercise: $13.21From: 2005-06-02Exp: 2006-05-03→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the merger with The Talbots, Inc.
- [F2]Options outstanding under the Company's stock plans, whether or not exercisable or vested, were canceled as of the effective time of the merger with The Talbots, Inc. (May 3, 2006) and holders of options are to receive a cash payment (less required tax withholdings) equal to the excess, if any, of $24.05 over the exercise price of each such option, multiplied by the number of shares of Company Common Stock covered by each such option. The amount shown in column 8 does not reflect any tax withholdings.
- [F3]Date indicated is date of grant. See Note (2) above.