SEC Form 4 · accession 0000006885-17-000063
STAGE STORES INC · SSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oded Shein
Officer — EVP, Chief Financial Officer
Period of report
Mar 24, 2017
Accepted (ET)
Mar 28, 2017 · 7:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006885
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 24, 2017 | F | 2,828 | $1.98 | D | 102,024 | D | |
| Common Stock | Mar 26, 2017 | F | 653 | $1.98 | D | 101,371 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Mar 28, 2017 | A | 75,000 | A | — | — | Common Stock | 75,000 | 75,000 | D |
| Stock Appreciation RightsF3 | $16.31 | holding | — | — | — | — | Jan 10, 2018 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents the right to receive, at settlement, cash equal to the fair market value of one share of the Issuer's common stock on the vesting date. Upon vesting, each cash settlement shall not exceed five times the per share fair market value of the Issuer's common stock on the grant date multiplied by the number of RSUs vesting.
- F2The restricted stock units vest 25% per year on the first four anniversary dates from the date of grant.
- F3Of the 15,000 Stock Appreciation Rights benefically owned, 7,500 each became exercisable on January 10, 2014 and January 10, 2015, respectively.