X0306 4 2014-08-18 1 0000892907 SPORT CHALET INC SPCH 0001497570 Glaser Rachel C ONE SPORT CHALET DRIVE LA CANADA FLINTRIDGE CA 91011 1 Common Stock SPCHA 2014-08-18 4 D 0 7500 1.20 D 0 D Option To Purchase Common Stock SPCHA 1.28 2014-08-19 4 D 0 2000 0 D Common Stock 2000 0 D Option To Purchase Common Stock SPCHA 1.95 2014-08-19 4 D 0 2000 0 D Common Stock 2000 0 D Option To Purchase Common Stock SPCHA 1.95 2014-08-19 4 D 0 2000 0 D Common Stock 2000 0 D Option To Purchase Common Stock SPCHA 1.59 2014-08-19 4 D 0 2000 0 D Common Stock 2000 0 D On August 18, 2014, Vestis Retail Group, LLC ("Purchaser") and its wholly-owned subsidiary Everest Merger Sub, Inc. ("Merger Sub") completed the tender offer for all the outstanding shares of Sport Chalet, Inc. ("Issuer"), and on August 19, 2014, Merger Sub merged (the "Merger") with and into Issuer with Issuer surviving the Merger as a wholly-owned subsidiary of Purchaser, all pursuant to that certain Agreement and Plan of Merger dated June 30, 2014 (as amended, the "Merger Agreement"), by and among Purchaser, Merger Sub and Issuer. In connection with the Merger, the reporting person is no longer a director of Issuer on August 19, 2014. In accordance with the terms of the Merger Agreement, this stock option was cancelled at the effective time of the Merger without consideration because the exercise price of the stock option exceeded $1.20 per share. /s/ Rachel C. Glaser 2014-08-19