SEC Form 4 · accession 0001590503-15-000027
STEIN MART INC · SMRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irwin Cohen
Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 11:30 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884940
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 4,531 | $4.30 | A | 29,502 | D | |
| Common Stock | Feb 20, 2015 | F | 1,203 | $16.20 | D | 28,299 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to buy)F1 | $4.30 | Feb 20, 2015 | M | 4,531 | D | — | Feb 21, 2015 | Common Stock | 4,531 | 0 | D |
Explanation of responses
- F1Granted pursuant to Stein Mart, Inc. 2001 Omnibus Plan. The options have a 7 year term and vest over 5 years with 33% vesting on the third anniversary, 33% on the fourth anniversary and 34% on the fifth anniversary.