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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non Statutory Stock Option (Right to buy) | $ 13.083 | 05/03/2006 | D(2) | 11,250 | 05/25/1999(3) | 05/03/2006 | Common Stock | 11,250 | $ 10.967 | 0 | D | ||||
Non Statutory Stock Option (Right to buy) | $ 12.053 | 05/03/2006 | D(2) | 11,250 | 06/01/2001(3) | 05/03/2006 | Common Stock | 11,250 | $ 11.997 | 0 | D | ||||
Non-Statutory Stock Option (Right to buy) | $ 21.72 | 05/03/2006 | D(2) | 11,250 | 05/31/2002(3) | 05/03/2006 | Common Stock | 11,250 | $ 2.33 | 0 | D | ||||
Non-Statutory Stock Option (Right to buy) | $ 15.26 | 05/03/2006 | D(2) | 11,250 | 05/30/2003(3) | 05/03/2006 | Common Stock | 11,250 | $ 8.79 | 0 | D | ||||
Non-Statutory Stock Option (Right to buy) | $ 21.22 | 05/03/2006 | D(2) | 11,250 | 06/04/2004(3) | 05/03/2006 | Common Stock | 11,250 | $ 2.83 | 0 | D | ||||
Non-Statutory Stock Option (Right to buy) | $ 13.21 | 05/03/2006 | D(2) | 7,500 | 06/02/2005(3) | 05/03/2006 | Common Stock | 7,500 | $ 10.84 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ENGBERS WILLIAM 3977 HATTERAS COVE ORANGE BEACH, AL 36561 |
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/s/ Olga L. Conley, Signed as Attorney-in-Fact under "Power of Attorney and Confirming Statement" on file with the Commission. | 05/05/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Disposed of pursuant to the merger with The Talbots, Inc. |
(2) | Options outstanding under the Company's stock plans, whether or not exercisable or vested, were canceled as of the effective time of the merger with The Talbots, Inc. (May 3, 2006) and holders of options are to receive a cash payment (less required tax withholdings) equal to the excess, if any, of $24.05 over the exercise price of each such option, multiplied by the number of shares of Company Common Stock covered by each such option. The amount shown in column 8 does not reflect any tax withholdings. |
(3) | Date indicated is date of grant. See Note (2) above. |