OCONNELL RICHARD T JR 4
4 · TALBOTS INC · Filed Apr 5, 2011
Insider Transaction Report
Form 4
TALBOTS INCTLB
OCONNELL RICHARD T JR
EVP, Legal & Real Estate & Sec
Transactions
- Award
Common Stock, par value $0.01 per share
2011-04-04+27,119→ 350,591 total - Award
Executive Stock Options (Right to Buy)
2011-04-04+58,065→ 58,065 totalExercise: $5.83Exp: 2021-04-04→ Common Stock (58,065 underlying)
Holdings
- 20,000
Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]Restricted Stock granted pursuant to The Talbots, Inc. 2003 Executive Stock Based Incentive Plan, as amended, which is a Rule 16b-3 plan (the "Plan"). Of these shares, one-third will vest on April 4, 2012; one-third will vest on April 4, 2013; and one-third will vest on April 4, 2014.
- [F2]Shares of performance-accelerated restricted stock (PARS) which are scheduled to vest on March 9, 2012, subject to continued employment.
- [F3]Granted as non-qualified options pursuant to the Plan. Options are exercisable in one-third increments on April 4, 2012, April 4, 2013, and April 4, 2014.