SEC Form 4 · accession 0001104659-18-021017
TUESDAY MORNING CORP/DE · TUES
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Trent Taylor
Officer — CIO, EVP Supply Chain-Inv Mgt
Period of report
Mar 26, 2018
Accepted (ET)
Mar 28, 2018 · 5:44 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 | Mar 26, 2018 | A | 15,648 | $0.00 | A | 45,399 | D | |
| Common StockF2 | Mar 26, 2018 | A | 26,826 | $0.00 | A | 72,225 | 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 | $3.95 | Mar 26, 2018 | A | 37,258 | A | — | Mar 26, 2028 | 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 March 26, 2019, March 26, 2020, March 26, 2021 and March 26, 2022.
- 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 March 26, 2021. 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 March 26, 2019, March 26, 2020, March 26, 2021 and March 26, 2022.