SEC Form 4 · accession 0001179110-18-006227
TRANS WORLD ENTERTAINMENT CORP · TWMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C Nahl
Director
Period of report
May 1, 2018
Accepted (ET)
May 4, 2018 · 10:31 am 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 1, 2018 | A | 1,484 | — | A | 14,747 | 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 | $1.79 | holding | — | — | — | — | Feb 17, 2021 | Common S$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 2005 Long Term Incentive Award Plan, which such plan qualifies under Rule 16(b)-3.
- F2The equity transactions listed above is 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.