SEC Form 4 · accession 0000006885-17-000198
STAGE STORES INC · SSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven R Williams Jr.
Officer — EVP, CIO
Period of report
Jun 26, 2017
Accepted (ET)
Jun 27, 2017 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000006885
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 UnitF1,F2 | — | Jun 26, 2017 | A | 120,000 | A | — | — | Common Stock | 120,000 | 120,000 | 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.