Filing Details

Accession Number:
0001186892-12-000005
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-27 16:33:06
Reporting Period:
2012-11-26
Filing Date:
2012-11-27
Accepted Time:
2012-11-27 16:33:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
812900 Saks Inc SKS Retail-Department Stores (5311) 620331040
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1186892 I Stephen Sadove Saks Incorporated
12 East 49Th Street
New York NY 10017
Chairman & Ceo Yes Yes 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 2012-11-26 162,500 $2.36 1,101,070 No 4 M Direct
Common Stock Disposition 2012-11-26 162,500 $10.21 938,570 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Disposition 2012-11-26 162,500 $0.00 162,500 $2.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
162,500 2016-02-26 No 4 M Direct
Footnotes
  1. Options vest as follows: 25% on 2/26/2010; 25% on 2/26/2011; 25% on 2/26/2012; and 25% on 2/26/2013.
  2. The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.11 to $10.39. 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.