SEC Form 4 · accession 0001179110-17-009481
RTW Retailwinds, Inc. · RTW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James O Egan
Director
Period of report
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 6:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001211351
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1 | — | Jun 20, 2017 | A | 11,194 | A | — | — | Common Stock | 11,194 | 54,683 | D |
| Deferred Stock UnitsF3,F2 | — | Jun 20, 2017 | A | 11,194 | A | — | — | Common Stock | 11,194 | 65,877 | D |
Explanation of responses
- F1On June 20, 2017, the reporting person was awarded deferred stock units which vest on June 1, 2018. The reporting person has elected to defer the receipt of shares. Each deferred stock unitis the economic equivalent of one share of New York & Company, Inc. common stock.
- F2On June 20, 2017, the reporting person was granted an award of performance-based deferred stock units that vests subject to the Company achieving target operating income for the period July 30, 2017 through February 3, 2018 ("Fall 2017") and continuation as a member of the Company's Board of Directors through June 1, 2018. The reporting person has elected to defer the receipt of shares. Each deferred stock unit is the economic equivalent of one share of New York & Company, Inc common stock. Any earned shares will vest on June 1, 2018. All 11,194 performance-based deferred stock units will be cancelled if the Company does not achieve the target operating income goal for Fall 2017.
- F3Includes 43,489 vested deferred stock units; 11,194 deferred stock units which vest on June 1, 2018; and 11,194 performance-based deferred stock units as described in footnote (2) above.