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
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 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
  1. 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.
  2. 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.
  3. 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.
  4. 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.