SEC Form 4 · accession 0001104659-18-059310
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 26, 2018
Accepted (ET)
Sep 28, 2018 · 11:38 am 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 26, 2018 | A | 15,648 | $0.00 | A | 107,734 | D | |
| Common StockF2 | Sep 26, 2018 | A | 26,826 | $0.00 | A | 134,560 | 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 | $3.25 | Sep 26, 2018 | A | 37,258 | A | — | Sep 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 September 26, 2019, September 26, 2020, September 26, 2021 and September 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 September 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 September 26, 2019, September 26, 2020, September 26, 2021 and September 26, 2022.