BENIHANA INC 4
4 · BENIHANA INC · Filed Nov 6, 2007
Insider Transaction Report
Form 4
BENIHANA INCBNHN/BNHNA
STURGES ROBERT B
Director
Transactions
- Award
Option to Buy
2007-11-02+10,000→ 10,000 totalExercise: $16.36From: 2007-11-02Exp: 2017-11-02→ Class A Common Stock (10,000 underlying)
Holdings
- 10,000
Option to Buy
Exercise: $7.57From: 2004-09-28Exp: 2014-09-28→ Class A Common Stock (10,000 underlying) - 5,000
Option to Buy
Exercise: $7.59From: 2007-06-15Exp: 2014-09-28→ Common Stock (5,000 underlying)
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, 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.
- [F2]Two-thirds currently exercisable; one-third exercisable 12-12-07.
- [F3]One-third currently exercisable; one-third exercisable 12-11-07; one-third exercisable 12-11-08.
- [F4]One-third exercisable 05-02-08; one-third exercisable 11-02-08; one-third exercisable 11-02-09.