SEC Form 4 · accession 0000895447-17-000029
SHOE STATION GROUP INC · SHOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl N. Scibetta
Officer — EVP - CHIEF MERCHANDISE OFF.
Period of report
Apr 18, 2017
Accepted (ET)
Apr 20, 2017 · 4:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000895447
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 18, 2017 | A | 4,061 | $0.00 | A | 72,120 | D | |
| Common Stock | Apr 18, 2017 | A | 18,276 | $0.00 | A | 90,396 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock grant. Restrictions will lapse and the shares will vest in three equal annual installments commencing on April 18, 2018, subject to the reporting person's continuous service with us through such dates.
- F2Represents the number of shares of performance-based restricted stock granted to the reporting person, which is the maximum number of shares that may be earned by the reporting person depending on the level of achievement relative to a specified performance goal (fully diluted cumulative earnings per share) during the two-year performance period (fiscal 2017 and fiscal 2018). Two-thirds of any shares that are earned based on the Company's actual performance during the performance period will vest, and restrictions on such shares will lapse, on March 31, 2019, and the remaining one-third of such earned shares will vest, and the restrictions on such shares will lapse, on March 31, 2020, subject to the reporting person's continuous service with us through such dates.