SEC Form 4 · accession 0001192482-15-000045

KIRKLAND'S, INC · KIRK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Robert E Alderson

Director

Period of report

Mar 3, 2015

Accepted (ET)

Mar 5, 2015 · 11:27 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001056285

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Mar 3, 2015	M	45,593	$2.03	A	677,654	D
Common Stock	Mar 3, 2015	M	10,289	$8.90	A	687,943	D
Common Stock	Mar 3, 2015	M	22,499	$6.54	A	710,442	D
Common Stock	Mar 3, 2015	M	33,206	$8.90	A	743,648	D
Common Stock	Mar 3, 2015	M	3,628	$19.06	A	747,276	D
Common Stock	Mar 3, 2015	M	6,743	$12.33	A	754,019	D
Common Stock	Mar 3, 2015	M	10,675	$10.93	A	764,694	D
Common Stock	Mar 3, 2015	M	2,281	$15.79	A	766,975	D
Common Stock	Mar 3, 2015	M	3,168	$18.46	A	770,143	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option(right to buy)^F1	$2.03	Mar 3, 2015	M	45,593	D	—	Jul 25, 2018	Common Stock	45,593	4,407	D
Stock Option(right to buy)^F1	$2.03	Mar 3, 2015	F	4,407	D	—	Jul 25, 2018	Common Stock	4,407	0	D
Stock Option(right to buy)^F2	$8.90	Mar 3, 2015	M	10,289	D	—	Jun 8, 2019	Common Stock	10,289	6,480	D
Stock Option(right to buy)^F2	$8.90	Mar 3, 2015	F	6,480	D	—	Jun 8, 2019	Common Stock	6,480	0	D
Stock Option(right to buy)^F3	$6.54	Mar 3, 2015	M	22,499	D	—	May 9, 2016	Common Stock	22,499	27,501	D
Stock Option(right to buy)^F3	$6.54	Mar 3, 2015	F	27,501	D	—	May 9, 2016	Common Stock	27,501	0	D
Stock Option(right to buy)^F2	$8.90	Mar 3, 2015	M	33,206	D	—	Jun 8, 2019	Common Stock	33,206	60,025	D
Stock Option(right to buy)^F2	$8.90	Mar 3, 2015	F	60,025	D	—	Jun 8, 2019	Common Stock	60,025	0	D
Stock Option(right to buy)^F4	$19.06	Mar 3, 2015	M	3,628	D	—	Jun 8, 2020	Common Stock	3,628	32,622	D
Stock Option(right to buy)^F4	$19.06	Mar 3, 2015	F	32,622	D	—	Jun 8, 2020	Common Stock	32,622	0	D
Stock Option(right to buy)^F5	$12.33	Mar 3, 2015	M	6,743	D	—	Jun 1, 2021	Common Stock	6,743	18,257	D
Stock Option(right to buy)^F5	$12.33	Mar 3, 2015	F	18,257	D	—	Jun 1, 2021	Common Stock	18,257	0	D
Stock Option(right to buy)^F6	$10.93	Mar 3, 2015	M	10,675	D	—	May 30, 2022	Common Stock	10,675	24,325	D
Stock Option(right to buy)^F6	$10.93	Mar 3, 2015	F	24,325	D	—	May 30, 2022	Common Stock	24,325	0	D
Stock Option(right to buy)^F7	$15.79	Mar 3, 2015	M	2,281	D	—	Jun 4, 2023	Common Stock	2,281	10,219	D
Stock Option(right to buy)^F7	$15.79	Mar 3, 2015	F	10,219	D	—	Jun 4, 2023	Common Stock	10,219	0	D
Stock Option(right to buy)^F8	$18.46	Mar 3, 2015	M	3,168	D	—	Jun 12, 2024	Common Stock	3,168	24,332	D
Stock Option(right to buy)^F8	$18.46	Mar 3, 2015	F	24,332	D	—	Jun 12, 2024	Common Stock	24,332	0	D

Explanation of responses

F1These options became exercisable as to 33.33% of such shares on July 25, 2009 and as to 8.33% of such shares at the end of the next eight calendar quarters.
F2These options became exercisable as to 50% of such shares on June 8, 2010 and as to 12.5% of such shares at the end of the next four calendar quarters.
F3These options became exercisable as to 33.33% of such shares on May 09, 2007 and as to 8.33% of such shares at the end of the next eight calendar quarters.
F4These options became exercisable as to 25% of such shares on June 8, 2011 and as to 6.25% per quarter for the next three years.
F5These options became exercisable as to 25% of such shares on June 1, 2012 and as to 6.25% per quarter for the next three years. Vesting of the unvested options was accelerated upon the reporting person's retirement.
F6These options became exercisable as to 25% of such shares on May 30, 2013 and as to 6.25% per quarter for the next three years. Vesting of the unvested options was accelerated upon the reporting person's retirement.
F7These options became exercisable as to 25% of such shares on June 4, 2014 and as to 6.25% per quarter for the next three years. Vesting of the unvested options was accelerated upon the reporting person's retirement.
F8These options became exercisable as to 25% of such shares on June 12, 2015 and as to 6.25% per quarter for the next three years. Vesting of the unvested options was accelerated upon the reporting person's retirement.