LAFONT CHRIS 4
4 · KIRKLANDS INC · Filed Feb 18, 2004
Insider Transaction Report
Form 4
KIRKLANDS INCKIRK
LAFONT CHRIS
Sr. VP/Gener Merchandise Mgr.
Transactions
- Exercise of In-Money
Common Stock
2004-02-13$1.29/sh+5,038$6,499→ 40,241 total - Exercise of In-Money
Stock Options (Right to Buy)
2004-02-13−5,038→ 20,170 totalExercise: $1.29From: 2002-11-27Exp: 2011-11-27→ Common Stock (5,038 underlying)
Footnotes (2)
- [F1]Includes 1,114 and 626 shares of Common Stock of the Issuer acquired under the Issuer's Employee Stock Purchase Plan on July 31, 2003 and January 31, 2004, respectively.
- [F2]These options became exerciseable as to 33.33% of such shares on November 27, 2002, as to an additional 8.33% of such shares on March 31, 2003, as to additional 8.33% of such shares on June 30, 2003, as to an additional 8.33% of such shares on September 30, 2003 and as to an additional 8.33% of such shares on December 31, 2003. The remaining options will become exerciseable as to an additional 8.33% at the end of each of the Issuer's next four calendar quarters.