KEOWN MICHAEL H 4
4 · FARMER BROTHERS CO · Filed Sep 12, 2018
Insider Transaction Report
Form 4
KEOWN MICHAEL H
DirectorPRESIDENT, CEO
Transactions
- Sale
Common Stock
2018-09-10$28.03/sh−23,333$654,071→ 45,072 total - Exercise/Conversion
Stock Option (right to buy)
2018-09-10−23,333→ 205,218 totalExercise: $11.81Exp: 2019-12-07→ Common Stock (23,333 underlying) - Exercise/Conversion
Common Stock
2018-09-10$11.81/sh+23,333$275,563→ 68,405 total
Holdings
- 2,710(indirect: By ESOP)
Common Stock, $1.00 par value
Footnotes (3)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- [F2]Open market sale of shares from 6/11/2018 stock option exercise, with a portion of the proceeds delivered to the issuer for payment of the exercise price of the option. This transaction was executed in multiple trades at price ranging from $28.00 to $28.0664, the price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Issuer. or a security holder of the Issuer. The Reporting Person continues to meet the Company's stock ownership guidelines.
- [F3]The options to purchase shares of common stock of Farmer Bros. Co. are fully vested and immediately exercisable.