4//SEC Filing
NATHANS FAMOUS INC 4
Accession 0000921895-16-004720
$NATHCIK 0000069733operating
Filed
May 26, 8:00 PM ET
Accepted
May 27, 4:02 PM ET
Size
9.2 KB
Accession
0000921895-16-004720
Insider Transaction Report
Form 4
GATOFF ERIC
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2016-05-26$11.72/sh+18,936$221,930→ 97,476 total - Tax Payment
Common Stock
2016-05-26$44.23/sh−11,820$522,799→ 85,656 total - Exercise/Conversion
2010 Stock Incentive Plan (Right to Buy)
2016-05-26−18,936→ 0 totalExercise: $11.72Exp: 2016-06-05→ Common Stock (18,936 underlying)
Footnotes (3)
- [F1]These shares were acquired through the exercise of stock options granted on June 6, 2011 pursuant to the Issuer's 2010 Stock Incentive Plan.
- [F2]Transaction represents withholding of shares based on a net exercise to satisfy tax withholding obligation and exercise cost.
- [F3]These options to purchase shares replaced options to purchase 12,500 shares at an exercise price of $17.75, in connection with the special cash dividend of the Issuer and pursuant to Article IV(e) of the Issuer's 2010 Stock Incentive Plan, under which the Issuer's Compensation Committee has the authority to make appropriate provisions upon the Issuer's declaration of a special cash dividend. The original options vested 25% on each of the first through fourth anniversaries of June 6, 2011, the original grant date, and these replacement options 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
- May 26, 8:00 PM ET
- Accepted
- May 27, 4:02 PM ET
- Size
- 9.2 KB