SEC Form 4 · accession 0001179110-16-022398
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Higgins
Director · 10% Owner
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 5:01 pm EDT
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 | Mar 28, 2016 | P | 6,000 | $3.74 | A | 14,210,715 | D | |
| Common Stock par value $.01 per share | Mar 29, 2016 | P | 40,837 | $3.70 | A | 14,251,552 | D | |
| Common Stock par value $.01 per share | Mar 30, 2016 | P | 18,163 | $3.74 | A | 14,269,715 | D | |
| Common Stock par value $.01 per share | holding | — | — | — | 137,500 | I | Higgins Foundation | |
| Common Stock par value $.01 per share | holding | — | — | — | 300,550 | I | Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Appreciation RightsF1,F2 | $5.32 | holding | — | — | — | — | May 1, 2016 | Common Stock par value $.01 per share | 450,000 | 450,000 | 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.