SEC Form 4 · accession 0001590503-16-000052
STEIN MART INC · SMRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Sisisky
Director
Period of report
Jan 12, 2016
Accepted (ET)
Jan 14, 2016 · 1:43 pm 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 StockF1 | Jan 12, 2016 | A | 6,240 | $0.00 | A | 62,991 | D | |
| Common Stock | Jan 13, 2016 | M | 12,208 | $1.04 | A | 75,199 | 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 | Jan 13, 2016 | M | 12,208 | D | Jan 28, 2012 | Jan 28, 2016 | Common Stock | 12,208 | 0 | D |
Explanation of responses
- F1Restricted shares granted pursuant to the Issuer's 2001 Omnibus Plan. The shares vest 1/36 per month over three years, beginning January 2016.
- F2Reflects automatic adjustment in the number of shares underlying the stock option following extraordinary dividend paid to security holders in February 2015.