SEC Form 4 · accession 0001179110-15-012367
RTW Retailwinds, Inc. · RTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Faeth Bradley
Officer — EVP, Human Resources
Period of report
Aug 17, 2015
Accepted (ET)
Aug 19, 2015 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001211351
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 17, 2015 | A | 613 | $2.14 | A | 121,114 | D | |
| Common StockF2,F3 | Aug 17, 2015 | A | 613 | $0.00 | A | 121,727 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities consist of deferred stock units (DSU's) acquired under the New York & Company, Inc. Incentive Compensation Plan. The DSU's convert on a one-for-one basis into shares of the issuer's common stock subsequent to the earlier of the reporting person's previously elected payment date or termination of services as an employee. The currently issued DSU's were issued in payment of a portion of the reporting person's fiscal year 2015 cash bonus equal to the fair market value on the date of grant.
- F2The securities consist of deferred stock units (DSU's) acquired under the New York & Company, Inc. Incentive Compensation Plan. The DSU's convert on a one-for-one basis into shares of the issuer's common stock subsequent to the earlier of the reporting person's previously elected payment date or termination of services as an employee. In accordance with the Company's Management Stock Purchase Plan, the Company matches the amount of cash incentive compensation the reporting person deferred with additional unvested deferred stock units equal to the fair market value on the date of grant, which vest three years from the date of grant.
- F3Includes 56,514 shares of common stock; 3,191 vested deferred stock units; 401 deferred stock units which vest on August 31, 2016; 2,177 deferred stock units which vest on April 30, 2017; 613 deferred stock units which vest on August 31, 2018; 12,218 shares of restricted stock which vest on August 26, 2016; 25,000 shares of restricted stock which vest on December 27, 2015; and 21,613 shares of restricted stock which vest on August 25, 2017.