SEC Form 4 · accession 0001179110-18-005373
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
Apr 3, 2018
Accepted (ET)
Apr 4, 2018 · 1:57 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 shareF3 | Apr 3, 2018 | G | 10,545 | $1.25 | D | 0 | 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,F4,F1 | — | holding | — | — | — | — | — | Common Stock, par value $.01 per share | 390,000 | 390,000 | 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.
- F3Effective April 3, 2018, 10,545 shares were donated by Mr. Eisenberg to the Albany Medical Center Foundation.
- F4Previously reported on Form 4.