Filing Details
- Accession Number:
- 0001186885-10-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-19 16:49:05
- Reporting Period:
- 2010-11-17
- Filing Date:
- 2010-11-19
- Accepted Time:
- 2010-11-19 16:49:05
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1186885 | E Donald Hess | Saks Incorporated 12 East 49Th Street New York NY 10017 | Yes | No | No | 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 | Acquisiton | 2010-11-17 | 2,582 | $6.58 | 147,338 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-11-17 | 5,164 | $7.71 | 152,502 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2010-11-17 | 4,305 | $5.42 | 156,807 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-17 | 12,051 | $11.50 | 144,756 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2010-11-17 | 40,000 | $11.36 | 104,756 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option Right to Buy | Acquisiton | 2010-11-17 | 2,582 | $0.00 | 2,582 | $6.58 |
| Common Stock | Employee Stock Option Right to Buy | Acquisiton | 2010-11-17 | 5,164 | $0.00 | 5,164 | $7.71 |
| Common Stock | Employee Stock Option Right to Buy | Acquisiton | 2010-11-17 | 4,305 | $0.00 | 4,305 | $5.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2011-06-13 | No | 4 | M | Direct | |
| 0 | 2012-06-19 | No | 4 | M | Direct | |
| 0 | 2013-06-11 | No | 4 | M | Direct |
Footnotes
- Option vested as follows: 20% on 12/13/2001; 20% on 6/13/2002; 20% on 6/13/2003; 20% on 6/13/2004; and 20% on 6/13/2005.
- Option vested as follows: 20% on 12/19/2002; 20% on 6/19/2003; 20% on 6/19/2004; 20% on 6/19/2005; and 20% on 6/19/2006.
- Option vested as follows: 20% on 12/11/2003; 20% on 6/11/2004; 20% on 6/11/2005; 20% on 6/11/2006; and 20% on 6/11/2007.
- The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.25 to $11.54, inclusive. The reporting person undertakes to provide to Saks Incorporated, any security holder of Saks Incorporated, 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.
Billionaire Hedge Funds
