SEC Form 4 · accession 0001192482-15-000076
KIRKLAND'S, INC · KIRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Kirkland
Director
Period of report
Dec 27, 2013
Accepted (ET)
Mar 19, 2015 · 5:34 pm EDT
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 27, 2013 | G | 8,437 | $0.00 | D | 1,280,449 | D | |
| Common StockF1 | Feb 20, 2014 | G | 96,834 | $0.00 | A | 1,377,283 | D | |
| Common StockF1 | May 28, 2014 | G | 132,393 | $0.00 | A | 1,509,676 | D | |
| Common StockF2 | Jun 11, 2014 | A | 4,000 | $0.00 | A | 1,513,676 | D | |
| Common StockF4 | Mar 18, 2015 | S | 19,990 | $23.90 | D | 1,493,686 | D | |
| Common StockF5 | Mar 19, 2015 | S | 15,410 | $23.81 | D | 1,478,276 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an annuity payment by two grantor retained annuity trusts to the reporting person, who was the settlor of both trusts.
- F2The reporting person was granted 4,000 restricted stock units (RSUs) under the Kirkland's 2002 Equity Incentive Plan. The RSUs will vest 100% on June 11, 2015.
- F3The sales reported in this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person.
- F4Represents the weighted average sales price for price increments from $23.62 to $24.43. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F5Represents the weighted average sales price for price increments from $23.51 to $24.23. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.