Statement of Changes in Beneficial Ownership (4)
13 Abril 2020 - 7:22PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
GRAY AMY B |
2. Issuer Name and Ticker or Trading Symbol
STAGE STORES INC
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SSI
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Chief HR Officer |
(Last)
(First)
(Middle)
2425 WEST LOOP SOUTH |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/10/2020 |
(Street)
HOUSTON, TX 77027
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 4/10/2020 | | M(1) | | 7500 | A | $0 | 94754 | D | |
Common Stock | 4/10/2020 | | D(1) | | 7500 | D | $0.40 | 87254 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
2017 Restricted Stock Unit - 4/10/2017 | (2) | 4/10/2020 | | M (1) | | | 7500 | (3) | (3) | Common Stock | 7500.0 (4) | $0 | 7500 | D | |
Explanation of Responses: |
(1) | Represents the vesting and cash settlement of restricted stock units ("RSU") in accordance with the terms of the award agreement granted on April 10, 2017. |
(2) | Each RSU represents the right to receive, at settlement, cash equal to the fair market value of one share of the Issuer's common stock on the vesting date. Upon vesting, each cash settlement shall not exceed five times the per share fair market value of the Issuer's common stock on the grant date multiplied by the number of RSUs vesting. |
(3) | The RSUs vest 25% per year on the first four anniversary dates from the grant date of April 10, 2017. |
(4) | Represents the portion of the cash-settled RSUs granted on April 10, 2017 that vested on April 10, 2020. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
GRAY AMY B 2425 WEST LOOP SOUTH HOUSTON, TX 77027 |
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| EVP, Chief HR Officer |
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Signatures
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/s/ Gina R. Lampman, Attorney in Fact for Amy B. Gray | | 4/13/2020 |
**Signature of Reporting Person | Date |
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