4//SEC Filing
SAKS INC 4
Accession 0001186885-13-000002
CIK 0000812900operating
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 4:21 PM ET
Size
5.4 KB
Accession
0001186885-13-000002
Insider Transaction Report
Form 4
SAKS INCSKS
HESS DONALD E
Director
Transactions
- Discretionary Transaction
Phantom Stock
2013-10-07$15.98/sh−12,221.532$195,300→ 0 totalFrom: 2013-10-07Exp: 2013-10-07→ Common Stock (12,221.532 underlying)
Footnotes (1)
- [F1]Each share of phantom stock represented the right to receive the cash equivalent of one share of SKS common stock or, at the reporting person's election, one share of SKS common stock. Pursuant to the termination of the Deferred Compensation Plan on September 14, 2012 and the requirement of section 409A of the Internal Revenue Code as to the timing of the payout of the final account balances, the phantom stock settled for cash on October 7, 2013.
Documents
Issuer
SAKS INC
CIK 0000812900
Entity typeoperating
IncorporatedTN
Related Parties
1- filerCIK 0000812900
Filing Metadata
- Form type
- 4
- Filed
- Oct 8, 8:00 PM ET
- Accepted
- Oct 9, 4:21 PM ET
- Size
- 5.4 KB