PETROCELLI ATTILIO 4
4 · NATHANS FAMOUS INC · Filed Feb 6, 2019
Insider Transaction Report
Form 4
PETROCELLI ATTILIO
Director
Transactions
- Exercise/Conversion
2010 Stock Incentive Plan (Right to Buy)
2019-02-05−16,117→ 0 totalExercise: $33.44Exp: 2019-08-05→ Common Stock (16,117 underlying) - Tax Payment
Common Stock
2019-02-05$72.64/sh−7,419$538,916→ 116,707 total - Exercise/Conversion
Common Stock
2019-02-05$33.44/sh+16,117$538,920→ 124,126 total
Footnotes (2)
- [F1]These shares were acquired through the exercise of stock options granted on August 6, 2014 pursuant to the Issuer's 2010 Stock Incentive Plan.
- [F2]These options to purchase shares replaced options to purchase 15,149 shares at an exercise price of $35.576, 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 August 6, 2014, the original grant date, and these replacement options have the same vesting terms and expiration date as the original grant.