Filing Details
- Accession Number:
- 0001179110-10-014846
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-08 16:46:53
- Reporting Period:
- 2010-10-06
- Filing Date:
- 2010-10-08
- Accepted Time:
- 2010-10-08 16:46:53
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 795212 | Trans World Entertainment Corp | TWMC | Retail-Record & Prerecorded Tape Stores (5735) | 141541629 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 900603 | J Robert Higgins | 38 Corporate Circle Albany NY 12203 | Chairman And Ceo | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $.01 Per Share | Acquisiton | 2010-10-06 | 15,980 | $1.57 | 14,363,131 | No | 4 | P | Direct | |
| Common Stock Par Value $.01 Per Share | Acquisiton | 2010-10-07 | 12,220 | $1.69 | 14,375,351 | No | 4 | P | Direct | |
| Common Stock Par Value $.01 Per Share | Acquisiton | 2010-10-08 | 26,900 | $1.83 | 14,402,251 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock Par Value $.01 Per Share | 137,500 | Indirect | Higgins Foundation |
| Common Stock Par Value $.01 Per Share | 50,550 | Indirect | Spouse |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock Par Value $.01 Per Share | Employee Stock Options (Right to Buy) | $0.00 | 3,075,000 | 3,075,000 | Direct | ||
| Common Stock Par Value $.01 Per Share | Stock Settled Appreciation Rights | $0.00 | 450,000 | 450,000 | Direct | ||
| Common Stock Par Value $.01 Per Share | Restricted stock units | $0.00 | 279,898 | 279,898 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 3,075,000 | 3,075,000 | Direct | |
| 450,000 | 450,000 | Direct | |
| 279,898 | 279,898 | Direct |
Footnotes
- All of the equity transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act
- Previously reported on Form 4.
- All grants are exercisable within 4 years and expire 10 years from date of grant.
- Each restricted stock unit is the economic equivalent of one share of Trans World Entertainment Corporation stock.
- Restricted stock units vest based on achievement of predetermined financial goals.
- Restricted stock units terminate upon vesting.
Billionaire Hedge Funds
