SEC Form 4 · accession 0001437749-16-027997
HAMPSHIRE GROUP LTD · HAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Buxbaum
Officer — Ch of the Bd, President & CEO · Director · 10% Owner
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000887150
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)F3,F1 | $2.05 | Mar 15, 2016 | D | 13,500 | D | — | Mar 30, 2022 | Common Stock | 13,500 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $4.50 | Mar 15, 2016 | D | 250,000 | D | — | Jun 30, 2023 | Common Stock | 250,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $6.75 | Mar 15, 2016 | D | 250,000 | D | — | Jun 30, 2023 | Common Stock | 250,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $9.00 | Mar 15, 2016 | D | 150,000 | D | — | Jun 30, 2023 | Common Stock | 150,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $11.25 | Mar 15, 2016 | D | 125,000 | D | — | Jun 30, 2023 | Common Stock | 125,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $13.50 | Mar 15, 2016 | D | 125,000 | D | — | Jun 30, 2023 | Common Stock | 125,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F2 | $15.75 | Mar 15, 2016 | D | 100,000 | D | — | Jun 30, 2023 | Common Stock | 100,000 | 0 | D |
| Employee Stock Option (right to buy)F3,F4 | $0.26 | Mar 15, 2016 | A | 200,000 | A | — | Mar 14, 2026 | Common Stock | 200,000 | 200,000 | D |
| Employee Stock Option (right to buy)F3,F4 | $1.00 | Mar 15, 2016 | A | 100,000 | A | — | Mar 14, 2026 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F3,F4 | $2.00 | Mar 15, 2016 | A | 100,000 | A | — | Mar 14, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1These options became exercisable in in four equal annual installments beginning on December 31, 2012.
- F2These options become exercisable in four equal annual installments beginning on July 17, 2014 or earlier in the event that certain financial targets are met.
- F3The reporting person agreed to the cancellation of options to purchase an aggregate of 1,013,500 shares of common stock in exchange for options to purchase an aggregate of 400,000 shares of common stock granted to him on March 15, 2016 at the exercise prices shown above.
- F4These options becomes exercisable in four equal annual installments beginning on March 15, 2017.