SEC Form 4 · accession 0001104659-17-058237
TUESDAY MORNING CORP/DE · TUES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip D. Hixon
Officer — EVP, Store Operations
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 12:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000878726
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 19, 2017 | A | 15,648 | $0.00 | A | 67,784 | D | |
| Common StockF2 | Sep 19, 2017 | A | 26,826 | $0.00 | A | 94,610 | 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 Option(right to buy)F3 | $2.45 | Sep 19, 2017 | A | 37,258 | A | — | Sep 19, 2027 | Common Stock | 37,258 | 37,258 | D |
Explanation of responses
- F1The 15,648 shares represent shares of time-vesting restricted stock granted pursuant to the Company's 2014 Long-Term Incentive Plan and vest in equal installments on September 19, 2018, September 19, 2019, September 19, 2020 and September 19, 2021.
- F2The 26,826 shares represent shares of performance-based restricted stock granted pursuant to the Company's 2014 Long-Term Incentive Plan. Subject to the satisfaction of certain performance criteria, the restricted stock will vest on September 19, 2020. Reflects the maximum number of shares that may vest.
- F3The options were granted pursuant to the Company's 2014 Long-Term Incentive Plan and vest in equal installments on September 19, 2018, September 19, 2019, September 19, 2020 and September 19, 2021.