Home/Filings/4/0000921895-15-000865
4//SEC Filing

NATHANS FAMOUS INC 4

Accession 0000921895-15-000865

$NATHCIK 0000069733operating

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 11:34 AM ET

Size

14.5 KB

Accession

0000921895-15-000865

Insider Transaction Report

Form 4
Period: 2015-04-02
Transactions
  • Award

    2010 Stock Incentive Plan (Right to Buy)

    2015-04-02+15,14915,149 total
    Exercise: $35.58Exp: 2019-08-05Common Stock (15,149 underlying)
  • Award

    2010 Stock Incentive Plan (Right to Buy)

    2015-04-02+3,7873,787 total
    Exercise: $11.72Exp: 2016-06-05Common Stock (3,787 underlying)
  • Disposition to Issuer

    2010 Stock Incentive Plan (Right to Buy)

    2015-04-022,5000 total
    Exercise: $17.75Exp: 2016-06-05Common Stock (2,500 underlying)
  • Disposition to Issuer

    2010 Stock Incentive Plan (Right to Buy)

    2015-04-0210,0000 total
    Exercise: $53.89Exp: 2019-08-05Common Stock (10,000 underlying)
Holdings
  • Common Stock

    27,046
  • Common Stock

    (indirect: By Raich Ende Malter & Co., LLP)
    5,510
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.

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, 11:34 AM ET
Size
14.5 KB