-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L9PvZH614h04DvUroeuTK8ApMIdUJnhGEF1dPIKR87d3qO/7cildm6pDl/J7/RZ5 cLzyKIohXCtB35eoLUMMiQ== 0001175748-07-000003.txt : 20070402 0001175748-07-000003.hdr.sgml : 20070402 20070402145111 ACCESSION NUMBER: 0001175748-07-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070329 FILED AS OF DATE: 20070402 DATE AS OF CHANGE: 20070402 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PORZIG ULLRICH E CENTRAL INDEX KEY: 0001175748 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14770 FILM NUMBER: 07738019 BUSINESS ADDRESS: BUSINESS PHONE: 7852952087 MAIL ADDRESS: STREET 1: 3231 S E SIXTH AVENUE CITY: TOPEKA STATE: KS ZIP: 66607 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PAYLESS SHOESOURCE INC /DE/ CENTRAL INDEX KEY: 0001060232 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-SHOE STORES [5661] IRS NUMBER: 431813160 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 BUSINESS ADDRESS: STREET 1: 3231 SOUTH EAST SIXTH STREET CITY: TOPEKA STATE: KS ZIP: 66607-2207 BUSINESS PHONE: 7852335171 MAIL ADDRESS: STREET 1: 3231 S E 6TH ST CITY: TOPEKA STATE: KS ZIP: 66607-2207 FORMER COMPANY: FORMER CONFORMED NAME: PAYLESS SHOESOURCE HOLDINGS INC DATE OF NAME CHANGE: 19980421 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2007-03-29 0001060232 PAYLESS SHOESOURCE INC /DE/ PSS 0001175748 PORZIG ULLRICH E 3231 S.E. SIXTH AVENUE TOPEKA KS 66607 0 1 0 0 Senior Vice President Common Stock 94872 I Trust and 401(k) Common Stock 2007-03-29 4 A 0 2175 0 A 12765 D Stock Appreciation Right 33.115 2007-03-29 4 A 0 10400 0 A 2014-03-29 Common Stock 10400 10400 D The reporting person holds 86,852 shares indirectly in a trust account and approximately 8,020 indirectly under the Payless ShoeSource, Inc. 401(k) Plan (the "Plan") based on a statement provided by the Plan Administrator. Because the Common Stock Fund under the Plan holds both cash and Payless Common Stock, the actual number of shares allocable to each participant's accounts varies from statement to statement. This grant of restricted stock is subject to the following vesting conditions (i) one half of the shares will begin to vest in equal increments on May 31, 2008, May 31, 2009 and May 31, 2010 if the Company's actual store-for-store sales for fiscal 2007 is greater than 0.0 percent and (ii) the remainder of the shares will vest in equal installments over the same period set forth in (i) in an amount equal to the remainder of shares multiplied by the ratio of fiscal 2007 positive store-for-store sales divided by 3.0. For example, if the Company's actual store-for-store for fiscal 2007 is 1.5 percent, 75 percent of the shares will vest over the three year period. The stock appreciation right granted under the Payless ShoeSource, Inc. 2006 Stock Incentive Plan which provides for tax withholding rights in a transaction exempt under Rule 16b-3. The stock appreciation right vests in three equal installments over a three-year period on May 31st of each year following the date of the grant. The stock appreciation right is required to be settled in stock. Grants vest in equal increments on May 31 of 2008, 2009 and 2010 and expire 7 years from grant date. Ullrich E. Porzig 2007-04-02 -----END PRIVACY-ENHANCED MESSAGE-----