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