SEC Form 4 · accession 0001590503-16-000065
STEIN MART INC · SMRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary L. Pierce
Officer — EVP, Director of Stores
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 3:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884940
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $7.35 | Mar 14, 2016 | A | 100,000 | A | — | Mar 13, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The options vest over 5 years with 33% vesting on the third anniversary of the grant date, 33% on the fourth anniversary and 34% on the fifth anniversary.