Home > Insider Trading > Filing (0001186885-10-000001)

Filing Details

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
1186885	E Donald Hess	Southwood Partners 505 N. 20Th Street, Suite 1015 Birmingham AL 35203		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	Disposition	2010-03-12	100,000	$8.18	0	No	4	S	Indirect	Hess Investment Liquid Asset Fund LP
Common Stock	Disposition	2010-03-12	10,000	$8.18	0	No	4	S	Indirect	Jasper Fund Partnership
Common Stock	Acquisiton	2010-03-15	5,164	$6.14	140,637	No	4	M	Direct
Common Stock	Acquisiton	2010-03-15	2,582	$6.58	143,219	No	4	M	Direct
Common Stock	Acquisiton	2010-03-15	4,304	$5.42	147,523	No	4	M	Direct
Common Stock	Disposition	2010-03-15	12,050	$8.34	135,473	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Hess Investment Liquid Asset Fund LP
No	4	S	Indirect	Jasper Fund Partnership
No	4	M	Direct
No	4	M	Direct
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	2010-03-15	5,164	$0.00	5,164	$6.14
Common Stock	Employee Stock Option Right to Buy	Disposition	2010-03-15	2,582	$0.00	2,582	$6.58
Common Stock	Employee Stock Option Right to Buy	Disposition	2010-03-15	4,304	$0.00	4,304	$5.42

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2010-06-21	No	4	M	Direct
2,582	2011-06-13	No	4	M	Direct
4,305	2013-06-11	No	4	M	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.16 to $8.19, 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.
Option vested as follows: 20% on 12/21/2000; 20% on 6/21/2001; 20% on 6/21/2002; 20% on 6/21/2003; and 20% on 6/21/2004.
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 12/11/2003; 20% on 6/11/2004; 20% on 6/11/2005; 20% on 6/11/2006; and 20% on 6/11/2007.