EIDE ROBERT J 4
4 · NATHANS FAMOUS INC · Filed Sep 13, 2018
Insider Transaction Report
Form 4
EIDE ROBERT J
Director
Transactions
- Exercise/Conversion
Common Stock
2018-09-11$33.44/sh+4,030$134,755→ 17,641 total - Exercise/Conversion
2010 Stock Incentive Plan (Right to Buy)
2018-09-11−4,030→ 0 totalExercise: $33.44Exp: 2019-08-05→ Common Stock (4,030 underlying)
Holdings
- 7,500(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]These shares were acquired through the exercise of stock options granted pursuant to the Issuer's 2010 Stock Incentive Plan.
- [F2]Does not include 250,000 shares held by Lorber Alpha II LP, for which the Reporting Person is an officer and director of its general partner and a trustee of the controlling shareholders of such entity. Mr. Eide does not have a pecuniary interest in the shares held by Lorber Alpha II LP.
- [F3]These shares are owned directly by Isagen, LLC, a limited liability company of which the Reporting Person is the sole member.
- [F4]These options to purchase shares replaced options to purchase 3,788 shares at an exercise price of $35.576, in connection with the recent special cash dividend of the Issuer and pursuant to Article IV(e) of the Issuer's 2010 Stock Incentive Plan, under which 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 August 6, 2014, the grant date, and the new options will have the same vesting terms and expiration date as the original grant.