0001179110-16-023136.txt : 20160418 0001179110-16-023136.hdr.sgml : 20160418 20160418113529 ACCESSION NUMBER: 0001179110-16-023136 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160414 FILED AS OF DATE: 20160418 DATE AS OF CHANGE: 20160418 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TRANS WORLD ENTERTAINMENT CORP CENTRAL INDEX KEY: 0000795212 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL- COMPUTER & PRERECORDED TAPE STORES [5735] IRS NUMBER: 141541629 STATE OF INCORPORATION: NY FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 BUSINESS PHONE: 5184521242 MAIL ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 FORMER COMPANY: FORMER CONFORMED NAME: TRANS WORLD MUSIC CORP DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Feurer Michael CENTRAL INDEX KEY: 0001620591 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-14818 FILM NUMBER: 161576212 MAIL ADDRESS: STREET 1: 38 CORPORATE CIRCLE CITY: ALBANY STATE: NY ZIP: 12203 4 1 edgar.xml FORM 4 - X0306 4 2016-04-14 0 0000795212 TRANS WORLD ENTERTAINMENT CORP TWMC 0001620591 Feurer Michael 38 CORPORATE CIRCLE ALBANY NY 12203 0 1 0 0 Chief Executive Officer Common Stock, par value $0.01 2016-04-14 4 M 0 55844 A 87359 D Common Stock, par value $0.01 2016-04-14 4 F 0 20604 3.85 D 66755 D Stock Option (Right to Buy) 3.85 2016-04-14 4 A 0 157164 3.85 A 2016-04-14 2026-04-14 Common Stock, par value $0.01 157164 457164 D Restricted Stock units Common Stock, par value $0.01 per share 150000 150000 D Each Restricted Stock Unit is the economic equivalent of one share of Trans World Entertainment Corporation stock. Restricted stock units terminate upon vesting. All of the transactions listed above are pursuant to equity plans qualified under Rule 16b-3 and exempt from Section 16(b) of the Securities Exchange Act. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date. These options were granted and vested immediately based on the achievement of certain performance targets established by the Compensation Committee of the Board of Directors. Restricted Stock Units vest ratably over 4 years from the date of grant. /s/ Michael Feurer 2016-04-18