1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Options (Right to buy)
|
07/17/2003 |
07/17/2012 |
Common Stock
|
2,500
(2)
|
$
14.145
|
D
|
Â
|
Stock Options (Right to buy)
|
07/22/2004 |
07/22/2013 |
Common Stock
|
8,524
(3)
|
$
23.23
|
D
|
Â
|
Stock Options (Right to buy)
|
05/05/2007 |
05/05/2016 |
Common Stock
|
25,000
(4)
|
$
24.1
|
D
|
Â
|
Stock Options (Right to buy)
|
01/10/2006 |
01/10/2015 |
Common Stock
|
10,000
(5)
|
$
26.33
|
D
|
Â
|
Stock Options (Right to buy)
|
08/29/2007 |
08/29/2016 |
Common Stock
|
15,000
(6)
|
$
27.24
|
D
|
Â
|
Stock Options (Right to buy)
|
07/21/2005 |
07/21/2014 |
Common Stock
|
10,000
(7)
|
$
27.44
|
D
|
Â
|
Stock Options (Right to buy)
|
09/06/2006 |
09/06/2015 |
Common Stock
|
10,000
(8)
|
$
27.52
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Includes 1,500 time-vesting restricted stock units granted under the Zale Corporation 2003 Stock Incentive Plan that vest 100% on 9/6/2008. Also includes 2,000 time-vesting restricted stock units granted under the Zale Corporation 2003 Stock Incentive Plan that vest 100% on 8/31/2009. This does not include 1,500 performance-based restricted units granted to Mr. Hollander on 11/11/05, which entitle Mr. Hollander to receive a specified number of shares of the Company's common stock based on the Company's achievement of performance targets established by the Company's Compensation Committee for fiscal years 2006 through 2008, nor does it include 2,000 performance-based restricted units granted to Mr. Hollander on 8/29/06. |
(2) |
Represents a 5,000 share grant approved under the Zale Corporation Omnibus Stock Incentive Plan and which began vesting in four equal annual installments on 7/17/03. |
(3) |
Represents a 10,000 share grant approved under the Zale Corporation Omnibus Stock Incentive Plan and which began vesting in four equal annual installments on 7/22/04. |
(4) |
Represents a 25,000 share grant approved under the Zale Corporation 2003 Stock Incentive Plan and which begins vesting in four equal annual installments on 5/5/07. |
(5) |
Represents a 10,000 share grant approved under the Zale Corporation 2003 Stock Incentive Plan and which began vesting in four equal annual installments on 1/10/06. |
(6) |
Represents a 15,000 share grant approved under the Zale Corporation 2003 Stock Incentive Plan and which begins vesting in four equal annual installments on 8/29/07. |
(7) |
Represents a 10,000 share grant approved under the Zale Corporation 2003 Stock Incentive Plan and which began vesting in four equal annual installments on 7/21/05. |
(8) |
Represents a 10,000 share grant approved under the Zale Corporation 2003 Stock Incentive Plan and which begins vesting in four equal annual installments on 9/6/06. |