4//SEC Filing
NATHANS FAMOUS INC 4
Accession 0000921895-15-000863
$NATHCIK 0000069733operating
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 11:28 AM ET
Size
8.5 KB
Accession
0000921895-15-000863
Insider Transaction Report
Form 4
NORBITZ WAYNE
DirectorPresident
Transactions
- Award
2010 Stock Incentive Plan (Right to Buy)
2015-04-02+5,680→ 5,680 totalExercise: $11.72Exp: 2016-06-05→ Common Stock (5,680 underlying) - Disposition to Issuer
2010 Stock Incentive Plan (Right to Buy)
2015-04-02−3,750→ 0 totalExercise: $17.75Exp: 2016-06-05→ Common Stock (3,750 underlying)
Holdings
- 54,409
Common Stock
Footnotes (1)
- [F1]In connection with the recent special cash dividend of the Issuer, the Issuer's Compensation Committee approved the exchange of options to purchase 3,750 shares at an exercise price of $17.75 for options to purchase 5,680 shares at an exercise price of $11.72. Pursuant to Article IV(e) of the Issuer's 2010 Stock Incentive Plan, the Compensation Committee has the authority to make appropriate provisions upon the Issuer's declaration of a special cash dividend. The original options vested 25% each on the first through fourth anniversaries of June 6, 2011, the grant date, and the new options will have the same vesting terms and expiration date as the original grant.
Documents
Issuer
NATHANS FAMOUS INC
CIK 0000069733
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000069733
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 11:28 AM ET
- Size
- 8.5 KB