SEC Form 4 · accession 0001168213-16-000098
AEROPOSTALE INC · AROPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Dick
Officer — SVP - Chief Financial Officer
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001168213
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Feb 1, 2016 | A | 250,000 | A | — | — | Common Stock | 250,000 | 275,000 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of the Company's common stock upon vesting of the unit.
- F2One half of the restricted stock units are scheduled to vest on February 1, 2017 and the remaining one half of the restricted stock units are scheduled to vest on February 1, 2018, assuming continued employment through the applicable service period. Vested shares will be delivered to the reporting person within 30 days following the applicable vest date
- F3Included in these shares are 25,000 restricted stock units which vest on March 26, 2018