SEC Form 4 · accession 0001179110-15-001293
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Higgins
Officer — Former SVP Merchandising
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000795212
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per share | Jan 26, 2015 | P | 1,200 | $3.30 | A | 407,649 | D | |
| Common Stock, par value $.01 per share | Jan 27, 2015 | M | 12,000 | $1.73 | A | 419,649 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)1 | $1.73 | Jan 27, 2015 | M | 12,000 | D | Mar 1, 2014 | Feb 19, 2015 | Common Stock, par value $.01 per share | 12,000 | 0 | D |
| Employee Stock Options (Right to Buy)F1,F2 | $14.32 | holding | — | — | — | — | Feb 19, 2015 | Common Stock, par value $.01 per share | 9,000 | 9,000 | D |
| Stock Settled Appreciation RightsF1,F3,F2 | — | holding | — | — | — | — | Feb 19, 2015 | Common Stock par value $0.01 per share | 16,250 | 16,250 | D |
Explanation of responses
- F1All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act.
- F2All grants are exercisable within 4 years and expire 10 years from date of grant.
- F3Previously reported on Form 4.