SEC Form 4 · accession 0001019056-16-001658
STEVEN MADDEN, LTD. · SHOO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karla Frieders
Officer — Chief Merchandising Officer
Period of report
Nov 11, 2016
Accepted (ET)
Nov 15, 2016 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000913241
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per share | Nov 11, 2016 | M | 40,000 | $16.96 | A | 123,245 | D | |
| Common Stock, par value $0.0001 per shareF1 | Nov 11, 2016 | S | 40,000 | $39.07 | D | 83,245 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $16.96 | Nov 11, 2016 | M | 40,000 | D | Dec 31, 2013 | Feb 1, 2018 | Common Stock | 40,000 | 27,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.95 to $39.15, inclusive. The reporting person undertakes to provide to Steven Madden, Ltd. (the "Company"), any security holder of the Company 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 in this footnote.
- F2The number of shares under and the exercise price of this option on the grant date of February 1, 2011 was 30,000 shares at an exercise price of $38.17 per share. Such number of shares and such exercise price were adjusted to reflect three-for-two stock splits (effected as a stock dividend) that occurred on May 31, 2011 and October 1, 2013, resulting in 67,500 shares exercisable at an exercise price of $16.96 per share.