BENIHANA INC 4

Accession 0000935226-07-000015

CIK 0000935226operating

Filed

Jul 4, 8:00 PM ET

Accepted

Jul 5, 1:49 PM ET

Size

35.0 KB

Accession

0000935226-07-000015

Form 4

Period: 2007-06-29

DirectorCEO

Transactions

Sale
Class A Common Stock
2007-06-29$20.05/sh−6,158$123,468→ 89,775 total
Exercise/Conversion
Employee Stock Option
2007-06-29−74,750→ 0 total
Exercise: $7.10From: 1997-10-30Exp: 2007-10-30→ Class A Common Stock (74,750 underlying)
Sale
Class A Common Stock
2007-06-29$20.01/sh−7,000$140,070→ 98,933 total
Sale
Class A Common Stock
2007-06-29$20.25/sh−1,800$36,450→ 112,133 total
Sale
Class A Common Stock
2007-06-29$20.02/sh−4,700$94,094→ 107,433 total
Sale
Class A Common Stock
2007-06-29$20.01/sh−1,500$30,010→ 105,933 total
Sale
Class A Common Stock
2007-06-29$20.00/sh−3,000$60,006→ 95,933 total
Exercise/Conversion
Class A Common Stock
2007-06-29$7.10/sh+74,750$530,830→ 113,933 total
Sale
Class A Common Stock
2007-06-29$20.10/sh−2,000$40,200→ 87,775 total
Sale
Class A Common Stock
2007-06-29$20.00/sh−9,000$180,000→ 73,775 total

Holdings

Employee Stock Option
Exercise: $8.99From: 1999-09-01Exp: 2009-09-01→ Class A Common Stock (40,250 underlying)
40,250
Employee Stock Option
Exercise: $4.96From: 2001-04-24Exp: 2011-04-24→ Class A Common Stock (51,750 underlying)
51,750
Class A Common Stock
(indirect: I)
1
Common Stock
77,075
Employee Stock Option
Exercise: $7.13From: 2007-06-15Exp: 2007-10-30→ Common Stock (37,375 underlying)
37,375
Common Stock
(indirect: I)
15
Employee Stock Option
Exercise: $6.59From: 1999-05-07Exp: 2009-05-07→ Class A Common Stock (57,500 underlying)
57,500
Employee Stock Option
Exercise: $9.01From: 2007-06-15Exp: 2009-09-01→ Common Stock (20,125 underlying)
20,125
Employee Stock Option
Exercise: $4.99From: 2007-06-15Exp: 2001-04-24→ Common Stock (25,875 underlying)
25,875
Employee Stock Option
Exercise: $6.62From: 2007-06-15Exp: 2009-05-07→ Common Stock (28,750 underlying)
28,750

Footnotes (4)

[F1]On June 15, 2007, the Company issued its previously declared stock dividend of one-half of one share of Common Stock for each outstanding share of Common Stock and each outstanding share of Class A Common Stock to holders of record on June 1, 2007 (the "Stock Dividend"). As a result of the Stock Dividend, Mr. Schwartz received indirectly 5 shares of Common Stock.
[F2]Owned by Mr. Schwartz's son, as to which Mr. Schwartz disclaims beneficial ownership.
[F3]As a result of the Stock Dividend, Mr. Schwartz received 38,752 shares of Common Stock on June 15, 2007.
[F4]As a result of the Stock Dividend, then outstanding options were adjusted pursuant to anti-dilution provisions of the Company's stock option plan so that each such option outstanding as of June 15, 2007 became exercisable for both one share of Class A Common Stock and one-half of one share of Common Stock. The exercise price of each outstanding option was accordingly adjusted.

Documents

1 file

BENIHANA INC

CIK 0000935226

Entity typeoperating

IncorporatedDE