4//SEC Filing
MATTEI THOMAS J JR 4
Accession 0000034563-18-000063
CIK 0000034563other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 7:00 PM ET
Size
8.5 KB
Accession
0000034563-18-000063
Insider Transaction Report
Form 4
MATTEI THOMAS J JR
GENERAL COUNSEL
Transactions
- Award
Stock Option (right to buy)
2018-11-12+13,239→ 13,239 totalExercise: $25.04Exp: 2025-11-12→ Common Stock (13,239 underlying) - Award
Performance-Based Restricted Stock Units (PBRSUs)
2018-11-12+4,113→ 4,113 totalExercise: $0.00→ Common Stock (4,113 underlying)
Footnotes (3)
- [F1]Grant of non-qualified stock option under the Farmer Bros. Co. 2017 Long-Term Incentive Plan (the "Plan"); the stock option vests pursuant to a three year vesting schedule, whereby one-third of the total number of shares issuable under the option becomes exercisable each year on the anniversary of the grant date, subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances.
- [F2]Represents only the stock options granted on the Transaction Date and does not include stock options with different prices and/or vesting terms.
- [F3]Grant of performance-based restricted stock units ("PBRSUs") under the Plan. The target number of PBRSUs is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the PBRSUs are scheduled to vest based on achievement of certain financial performance goals for the performance period July 1, 2018 through June 30, 2021. At the end of the three-year performance period, the number of PBRSUs that actually vest will be 0% to 150% of the target amount set forth in Table II, Item 5, depending on the extent to which Farmer Bros. Co. meets or exceeds certain financial performance goals measured over the full three-year performance period.
Documents
Issuer
FARMER BROTHERS CO
CIK 0000034563
Entity typeother
Related Parties
1- filerCIK 0001627453
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 7:00 PM ET
- Size
- 8.5 KB