SEC Form 4 · accession 0001179110-16-028102
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christoph Hoerenz
Officer — Chief Digital and Mktg Officer
Period of report
Aug 1, 2016
Accepted (ET)
Aug 1, 2016 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000795212
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1,F2 | $3.54 | Aug 1, 2016 | A | 100,000 | A | — | Aug 1, 2026 | Common Stock, par value $0.01 per share | 100,000 | 100,000 | 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.
- F2Stock option grants vest ratably over four years.