SEC Form 4 · accession 0001209191-17-038114
KIRKLAND'S, INC · KIRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Michael Madden
Officer — President and CEO · Director
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 4:16 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 StockF1 | Jun 2, 2017 | A | 18,500 | $0.00 | A | 135,436 | 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)F2 | $8.98 | Jun 2, 2017 | A | 37,000 | A | — | Jun 2, 2027 | Common Stock | 37,000 | 37,000 | D |
Explanation of responses
- F1The reporting person was granted restricted stock units ("RSUs") under Kirkland's 2002 Equity Incentive Plan. RSUs vest ratably over four years.
- F2These stock options were issued under the Company's 2002 Equity Incentive Plan and vest ratably over four years.