SEC Form 4 · accession 0001590503-15-000037
STEIN MART INC · SMRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
McFarland Linda Farthing
Director
Period of report
Aug 24, 2015
Accepted (ET)
Aug 25, 2015 · 4:40 pm EDT
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 | Aug 24, 2015 | M | 12,208 | $1.04 | A | 62,021 | D | |
| Common StockF1 | Aug 24, 2015 | S | 12,208 | $10.33 | D | 49,813 | 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 OptionF2 | $1.04 | Aug 24, 2015 | M | 12,208 | D | Jan 28, 2012 | Jan 28, 2016 | Common Stock | 12,208 | 0 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions in prices ranging from $10.15 to $10.55, inclusive. The reporting person undertakes to provide to Stein Mart, Inc., any security holder of Stein Mart, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F2Reflects automatic adjustment in the number of shares underlying the stock option following extraordinary dividend paid to security holders in February 2015.