SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CATO WAYLAND H JR

(Last) (First) (Middle)
13777 BALLANTYNE CORPORATE PLACE
SUITE 300

(Street)
CHARLOTTE NC 28277

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CATO CORP [ CTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
See Remarks below.
3. Date of Earliest Transaction (Month/Day/Year)
01/08/2002
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STARS(1) (2) 01/08/2002 J 1(2) (2) (2) Class A Common Stock 200,000 (2) 1(2) I Cato Family Investments Limited Partnership
Explanation of Responses:
1. STARS is an acronym for a secured forward sale transaction designated as a Special Term Appreciation Retention Sale.
2. On 1/8/2002, the Cato Family Investments Limited Partnership, pursuant to STARS agreements with a bank counterparty, agreed to sell 200,000 shares of class A common stock of The Cato Corporation (the "Shares") at approximately 76% of a floor price of $18.1968 ($2,754,996) which the Partnership received on 1/11/2002. The Partnership agreed to deliver the Shares in increments to the counterparty over ten business days in Feb. 2005 (the "Settlement Dates"). The Partnership pledged the Shares to secure its obligations to the counterparty. On the Settlement Dates, the Partnership will have the option of (a) paying cash to the counterparty and reclaiming the pledged Shares, (b) delivering all the pledged Shares to the counterparty or (c) if the market price of the Shares exceeds the floor price, settling with most of the pledged Shares and reclaiming some of the pledged Shares.
Remarks:
This is a filing to report a possible derivative security acquired by the Cato Family Investments Limited Partnership. At that time the reporting person was a director and more than 10% owner of the Issuer.
/s/ Wayland H. Cato, Jr. 10/25/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
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