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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 | ||||||||
Common Stock Option | $ 16.08 | 02/01/2011 | 02/01/2015 | Common Stock | 2,666 | 2,666 | D | ||||||||
Common Stock Option | $ 16.08 | 02/01/2012 | 02/01/2015 | Common Stock | 2,667 | 5,333 | D | ||||||||
Common Stock Option | $ 16.08 | 02/01/2013 | 02/01/2015 | Common Stock | 2,667 | 8,000 | D | ||||||||
Common Stock Option | $ 17.21 | 03/23/2012 | 03/23/2018 | Common Stock | 2,666 | 10,666 | D | ||||||||
Common Stock Option | $ 17.21 | 03/23/2013 | 03/23/2018 | Common Stock | 2,667 | 13,333 | D | ||||||||
Common Stock Option | $ 17.21 | 03/23/2014 | 03/23/2018 | Common Stock | 2,667 | 16,000 | D | ||||||||
Common Stock Option | $ 13.06 | 06/18/2012 | 06/18/2019 | Common Stock | 5,500 | 21,500 | D | ||||||||
Common Stock Option | $ 12.65 | 06/27/2013 | 06/27/2020 | Common Stock | 5,500 | 27,000 | D | ||||||||
Restricted Stock Unit | (1) | 06/27/2016 | 06/27/2016 | Common Stock | 1,500 | 28,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EWING TIMOTHY G 4514 COLE AVE. SUITE 740 DALLAS, TX 75205 |
X |
Jason Boling under POA for Timothy G. Ewing | 08/04/2014 | |
**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) | Each restricted stock unit represents a contingent right to receive one share of common stock of Cherokee Inc. |
(2) | In accordance with Cherokee's current compensation programs for non-employee directors, each non-employee director may elect to receive all or a portion of such director's annual retainer fees in restricted stock units in lieu of cash payments. The price per unit was established concurrently with the recipient's election regarding whether to receive restricted stock units in lieu of cash for such recipient's service over a one year period ending on August 4, 2015. |
Remarks: Effective August 4, 2014, the Compensation Committee of the Board of Directors of Cherokee Inc. ("Cherokee") granted Mr. Ewing restricted stock units for 3,783 shares of Cherokee's common stock pursuant to Cherokee's current compensation programs for non-employee directors. Such restricted stock units (i) vest in equal quarterly installments following the date of grant, which vesting may accelerate in certain circumstances and (ii) may only be settled in shares of Cherokee's common stock. |