-----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, B+4Oc0B70uwqo6TQfsZSQ8yHpDWWM4e4hAoFtMB/HsO98UEkbNAAhoVl9nW3daD/ pJjWUlWYQcBoHiemXdeosQ== 0001312359-05-000010.txt : 20050330 0001312359-05-000010.hdr.sgml : 20050330 20050330180931 ACCESSION NUMBER: 0001312359-05-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050328 FILED AS OF DATE: 20050330 DATE AS OF CHANGE: 20050330 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: White Gary CENTRAL INDEX KEY: 0001322358 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-18632 FILM NUMBER: 05715639 BUSINESS ADDRESS: BUSINESS PHONE: 949-583-9029 MAIL ADDRESS: STREET 1: 26972 BURBANK CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WET SEAL INC CENTRAL INDEX KEY: 0000863456 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 330415940 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 26972 BURBANK CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 BUSINESS PHONE: 7145839029 MAIL ADDRESS: STREET 1: 26972 BURBANK CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 4 1 edgardoc.xml PRIMARY DOCUMENT X0202 4 2005-03-28 0 0000863456 WET SEAL INC WTSLA 0001322358 White Gary 26972 BURBANK FOOTHILL RANCH CA 92610 0 1 0 0 SVP, Store Operations Non-Qualified Stock Option (right to buy) 3.39 2005-03-28 4 A 0 60000 0 A 2015-03-28 Common Stock Class A 60000 60000 D Stock Award (Restricted Shares) 0 2005-03-28 4 A 0 100000 0 A Common Stock Class A 100000 100000 D Stock Award (Restricted Shares) 0 2005-03-28 4 A 0 100000 0 A Common Stock Class A 100000 200000 D Represents Non-Qualified Stock Options (right to buy) granted under the Company's 1996 Long Term Incentive Plan The stock option becomes exercisable in three equal annual installments, commencing one year after the date of grant. Restricted Shares will vest as follows: 100,000 shares shall vest on the one year anniversary of the grant date, provided that the 20-Day Average during the one year period equals or exceeds $3.50 per share. Shares are issued upon lapse of restrictions (vesting schedule). Any unvested shares still outstanding as of the third anniversary of the grant date shall automatically be forfeited without the payment of any consideration to grantee. Restricted Shares will vest as follows: 50,000 shares shall vest after the second anniversary of the grant date, provided that the 20-Day Average at any time after the second year anniversary of the grant date equals or exceeds $4.00 per share. An additional 50,000 shares shall vest if the 20-Day Average at any time after the second year anniversary of the grant date equals or exceeds $4.50 per share. By: Douglas C. Felderman For: Gary White 2005-03-30 -----END PRIVACY-ENHANCED MESSAGE-----