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ANF > SEC Filings for ANF > Form 8-K on 3-Oct-2013All Recent SEC Filings

Show all filings for ABERCROMBIE & FITCH CO /DE/

Form 8-K for ABERCROMBIE & FITCH CO /DE/


3-Oct-2013

Other Events


Item 8.01. Other Events.

On September 25, 2013, Michael S. Jeffries, Chairman of the Board and Chief Executive Officer of Abercrombie & Fitch Co. (the "Company"), terminated a Rule 10b5-1 trading plan originally entered into on November 21, 2012 (the "Original 2013 Plan") and entered into a new Rule 10b5-1 trading plan (the "New 2013 Plan") with a broker to sell, subject to a limit order, shares of the Company's Class A Common Stock, $0.01 par value (the "Common Stock"), that will be acquired upon the exercise of certain of Mr. Jeffries's stock-settled stock appreciation rights and other shares of Common Stock that Mr. Jeffries beneficially owns. Mr. Jeffries entered into the Original 2013 Plan, as well as the New 2013 Plan, for investment diversification. At the time of termination of the Original 2013 Plan, 625,000 shares of Common Stock covered thereby remained unsold.
Assuming the conditions of the limit order are met, Mr. Jeffries currently intends to sell up to an aggregate of 625,000 shares of Common Stock pursuant to the New 2013 Plan during the period beginning on October 28, 2013 and ending on January 31, 2014, at which time the New 2013 Plan will terminate. Mr. Jeffries will report transactions effected under the New 2013 Plan through Rule 144 and Form 4 filings made with the Securities and Exchange Commission, as appropriate. The New 2013 Plan is intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and with the Company's Policy Statement Regarding Trading in Company Securities and Compliance with Federal Securities Laws.


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