Sec Form 4 Filing - Brooslin Viviano Sandra @ New York & Company, Inc. - 2011-04-15

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Brooslin Viviano Sandra
2. Issuer Name and Ticker or Trading Symbol
New York & Company, Inc. [ NWY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Human Resources
(Last) (First) (Middle)
450 W. 33RD STREET, 5TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
04/15/2011
(Street)
NEW YORK, NY10001
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 04/15/2011 A 7,500 ( 1 ) A $ 0 179,050 ( 2 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Appreciation Rights $ 6.89 04/15/2011 A 40,000 ( 3 ) 04/15/2021 Common Stock 40,000 $ 0 40,000 D
Options to Purchase Common Stock $ 3.94 ( 4 ) 12/01/2019 Common Stock 75,000 75,000 D
Options to Purchase Common Stock $ 4.74 ( 5 ) 03/19/2018 Common Stock 20,000 20,000 D
Options to Purchase Common Stock $ 3.28 ( 6 ) 03/21/2017 Common Stock 7,756 7,756 D
Options to Purchase Common Stock $ 3.28 ( 7 ) 03/15/2016 Common Stock 5,303 5,303 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brooslin Viviano Sandra
450 W. 33RD STREET
5TH FLOOR
NEW YORK, NY10001
EVP, Human Resources
Signatures
/s/ Sandra Brooslin Viviano 04/18/2011
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On April 15, 2011, the reporting person was awarded restricted stock which is scheduled to cliff vest on April 15, 2014.
( 2 )In addition to the 7,500 shares of restricted stock referenced in footnote 1, includes 131,550 shares of common stock and 40,000 shares of restricted stock which is scheduled to cliff vest on April 1, 2013.
( 3 )On April 15, 2011, the reporting person was awarded stock appreciation rights (SARs) which are scheduled to cliff vest on April 15, 2014. Each SAR represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the SAR to the date of exercise of the SAR. Upon exercise the SARs will be settled in stock.
( 4 )The options become exercisable in four annual installments on the following dates: 18,750 shares on December 1, 2010; 18,750 shares on December 1, 2011; 18,750 shares on December 1, 2012; and 18,750 shares on December 1, 2013.
( 5 )The options become exercisable in four annual installments on the following dates: 5,000 shares on March 19, 2009; 5,000 shares on March 19, 2010; 5,000 shares on March 19, 2011; and 5,000 shares on March 19, 2012.
( 6 )The options become exercisable on the following dates: 5,817 shares on June 29, 2011 and 1,939 shares on March 21, 2012.
( 7 )The options become exercisable on June 29, 2011.

Remarks:
Except as outlined above, the filing of this Form shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Note: The reporting person had previous filings under the name of Sandra Brooslin.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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