SEC Form 4 · accession 0001179110-16-023730
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Marks
Director
Period of report
May 2, 2016
Accepted (ET)
May 4, 2016 · 3:15 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 shareF1 | May 2, 2016 | A | 10,610 | — | A | 35,602 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F2,F3 | $3.00 | holding | — | — | — | — | Jul 12, 2022 | Common Stock $0.01 per share | 15,000 | 15,000 | D |
Explanation of responses
- F1Annual compensation paid in shares of common stock in lieu of cash award pursuant to the Amended and Restated 2005 Long Term Incentive Award Plan, which such plan qualifies under Rule 16(b)-3.
- F2The equity transactions listed above are pursuant to equity plans qualified under 16b-3 and exempt from Section 16(b) of the Securities Exchange Act
- F3Option grants are exercisable within 4 years of grant and expire 10 years after grant.