BELK INC 4
4 · BELK INC · Filed Mar 27, 2014
Insider Transaction Report
Form 4
BELK INCNONE
Orvos Adam M
EVP & CFO
Transactions
- Award
Class B Common Stock
2014-03-25+15,460→ 29,752 total - Tax Payment
Class B Common Stock
2014-03-25$48.10/sh−4,416$212,410→ 25,336 total
Footnotes (4)
- [F1]15,460 shares of Belk, Inc. Class B common stock were received by Reporting Person. 4,024 of those shares were received as the balance of the Belk, Inc. Executive Long Term Incentive Compensation Plan XIII. 4,204 of those shares were received for the Belk, Inc. Executive Long Term Incentive Compensation Plan XIV. 2,102 of the shares from the Belk, Inc. Executive Long Term Incentive Compensation Plan XIV are not payable to the Reporting Person until 2015. 7,232 of those shares were issued to the Reporting Person in accordance with the terms of the Belk, Inc. 2011-2013 Stretch Incentive Plan, representing the balance of the award.
- [F2]27,650 shares of Class B common stock are held in Reporting Person's name. 2,102 of the shares from the Belk, Inc. Executive Long Term Incentive Compensation Plan XIV are not payable to the Reporting Person until 2015.
- [F3]4,416 shares of Class B common stock were withheld for taxes from the total shares awarded to Reporting Person from the balance of Belk, Inc. Executive Long Term Incentive Compensation Plan XIII, the first part of Belk, Inc. Executive Long Term Incentive Compensation Plan XIV and the balance of Belk, Inc. 2011-2013 Stretch Incentive Plan.
- [F4]23,234 shares of Class B common stock are held in Reporting Person's name. 2,102 of the shares from the Belk, Inc. Executive Long Term Incentive Compensation Plan XIV are not payable to the Reporting Person until 2015.