NATHANS FAMOUS INC 4
4 · NATHANS FAMOUS INC · Filed Apr 3, 2015
Insider Transaction Report
Form 4
Raich Charles
Director
Transactions
- Award
2010 Stock Incentive Plan (Right to Buy)
2015-04-02+15,149→ 15,149 totalExercise: $35.58Exp: 2019-08-05→ Common Stock (15,149 underlying) - Award
2010 Stock Incentive Plan (Right to Buy)
2015-04-02+3,787→ 3,787 totalExercise: $11.72Exp: 2016-06-05→ Common Stock (3,787 underlying) - Disposition to Issuer
2010 Stock Incentive Plan (Right to Buy)
2015-04-02−2,500→ 0 totalExercise: $17.75Exp: 2016-06-05→ Common Stock (2,500 underlying) - Disposition to Issuer
2010 Stock Incentive Plan (Right to Buy)
2015-04-02−10,000→ 0 totalExercise: $53.89Exp: 2019-08-05→ Common Stock (10,000 underlying)
Holdings
- 27,046
Common Stock
- 5,510(indirect: By Raich Ende Malter & Co., LLP)
Common Stock
Footnotes (3)
- [F1]These shares are owned by Raich Ende Malter & Co., LLP, an entity of which Mr. Raich is the founding partner.
- [F2]In connection with the recent special cash dividend of the Issuer, the Issuer's Compensation Committee approved the exchange of options to purchase 2,500 shares at an exercise price of $17.75 for options to purchase 3,787 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.
- [F3]In connection with the recent special cash dividend of the Issuer, the Issuer's Compensation Committee approved the exchange of options to purchase 10,000 shares at an exercise price of $53.89 for options to purchase 15,149 shares at an exercise price of $35.576. 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 were granted on August 6, 2014, and the new options will have the same vesting terms and expiration date as the original grant.