X0202 4 2004-07-13 1 0000863456 WET SEAL INC WTSLA 0001228280 STEPHEN GROSS HOLDINGS INC 1604 ST. REGIS BLVD. DORVAL, QUEBEC H9P 1H6 0 0 1 0 Class A Common Stock 2004-07-13 4 C 0 91000 A 214000 I See footnote Class A Common Stock 2004-07-13 4 S 0 100 6.22 D 213900 I See footnote Class A Common Stock 2004-07-13 4 S 0 3000 6.21 D 210900 I See footnote Class A Common Stock 2004-07-13 4 S 0 63800 6.20 D 147100 I See footnote Class A Common Stock 2004-07-13 4 S 0 20100 6.19 D 127000 I See footnote Class A Common Stock 2004-07-13 4 S 0 2000 6.18 D 125000 I See footnote Class A Common Stock 2004-07-13 4 S 0 20 6.17 D 124980 I See footnote Class A Common Stock 2004-07-13 4 S 0 5580 6.16 D 119400 I See footnote Class A Common Stock 2004-07-13 4 S 0 36500 6.15 D 82900 I See footnote Class A Common Stock 2004-07-13 4 S 0 11540 6.14 D 0 I See footnote Class A Common Stock 2004-07-13 4 C 0 91000 D Class A Common Stock 91000 3657500 I see footnote Class A Common Stock 2004-07-14 4 C 0 503300 D Class A Common Stock 503300 3154200 I see footnote The shares of the Issuer's Class A Common Stock, $0.10 par value per share ("Class A Shares") and Class B Common Stock, $0.10 par value per share ("Class B Shares"), are held for the account of La Senza Corporation (formerly known as Suzy Shier Limited), a Canadian company. The Reporting Person has an ownership interest in La Senza Corporation. The filing of this statement shall not be deemed an admission that the Reporting Person is the benefical owner of any securities not held directly for his account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. There is no conversion or exercise price with regard to the Issuer's Class B Common Stock, par value $0.10 per share ("Class B Shares"). The Class B Shares are convertible at any time into shares of the Issuer's Class A Common Stock, par value $0.10 per share ("Class A Shares"), on a 1-for-1 basis. The Class B Shares do not have an expiration date. See Exhibit 99 for additional transactions. STEPHEN GROSS HOLDINGS INC., /s/ STEPHEN GROSS, STEPHEN GROSS, Secretary 2004-07-15