SEC Form 4 · accession 0001179110-16-024246
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce J Eisenberg
Officer — EVP-Real Estate
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 3:27 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 | holding | — | — | — | 10,545 | 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)F2,F1 | $3.81 | May 6, 2016 | A | 35,000 | A | — | May 6, 2026 | Common Stock, par value $.01 per share | 35,000 | 355,000 | D |
| Stock Settled Appreciation RightsF2,F1 | $5.50 | holding | — | — | — | — | May 1, 2017 | Common Stock, par value $.01 per share | 50,000 | 50,000 | D |
Explanation of responses
- F1All grants vest ratably over 4 years and expire 10 years from the date of grant.
- F2All 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.