W. Michael Madden - 31 Aug 2022 Form 4 Insider Report for KIRKLAND'S, INC (KIRK)

Role
CFO
Signature
Carter R. Todd, Attorney-in-Fact for W. Michael Madden
Issuer symbol
KIRK
Transactions as of
31 Aug 2022
Net transactions value
$0
Form type
4
Filing time
02 Sep 2022, 16:00:27 UTC
Next filing
10 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KIRK Common Stock Award $0 +25,000 $0.000000 25,000 31 Aug 2022 Direct F1
transaction KIRK Common Stock Award $0 +25,000 +100% $0.000000 50,000 31 Aug 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KIRK Stock Option Award $0 +40,000 $0.000000 40,000 31 Aug 2022 Common Stock 40,000 $4.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units ("RSUs") under the Kirkland's 2002 Equity Incentive Plan. The RSUs will vest 100% on August 31, 2025.
F2 The reporting person was granted RSUs under the Kirkland's 2002 Equity Incentive Plan. The RSUs vest 1/3rd annually over three years.
F3 The reporting person was granted stock options under the Kirkland's 2002 Equity Incentive Plan and vest 1/3rd annually over three years.