ZETCHER ARNOLD B 4
4 · TALBOTS INC · Filed Jun 12, 2006
Insider Transaction Report
Form 4
TALBOTS INCTLB
ZETCHER ARNOLD B
DirectorChairman, President & CEO
Transactions
- Gift
Common Stock, par value $0.01 per share
2006-06-09−2,000→ 140,847 total
Holdings
- 25,000
Common Stock, par value $0.01 per share
- 7,101(indirect: By 401(k))
Common Stock, par value $0.01 per share
- 50,000
Common Stock, par value $0.01 per share
Footnotes (6)
- [F1]Represents gift of shares to Washington University in St. Louis.
- [F2]Performance Accelerated Restricted Stock ("PARS") that will vest on March 13, 2008.
- [F3]PARS subject to vesting as follows: if the Company's average return on net assets ("RONA") over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 3, 2011, subject to continued employment.
- [F4]PARS subject to vesting as follows: if the Company's average RONA over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 11, 2010, subject to continued employment.
- [F5]PARS subject to vesting as follows: if the Company's average RONA over three years as compared to RONA of a peer group of retail companies exceeds certain levels, all or part of the PARS would vest at that time based on the level of achievement against the performance goals. If not earlier vested, PARS will vest on March 11, 2009, subject to continued employment.
- [F6]Information presented as of June 9, 2006.