INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed May 22, 2015
Insider Transaction Report
Form 4
FOSTER EDWARD BRIAN
SVP-Operations
Transactions
- Tax Payment
Common Stock
2015-05-14$9.01/sh−944$8,505→ 1,724 total - Award
Restricted Stock Units
2015-05-20+7,250→ 7,250 total→ Common Stock (7,250 underlying) - Exercise/Conversion
Common Stock
2015-05-14+2,586→ 2,668 total - Exercise/Conversion
Restricted Stock Units
2015-05-14−2,586→ 5,171 total→ Common Stock (2,586 underlying) - Award
Performance Stock Units
2015-05-20+7,250→ 7,250 total→ Common Stock (7,250 underlying)
Footnotes (5)
- [F1]Restricted stock convert into Inventure Foods, Inc. common stock on a one-for-one basis.
- [F2]On June 17, 2014, the reporting person was granted 7,757 restricted stock units, vesting in three (3) equal annual installments beginning May 14, 2015.
- [F3]Of the 2,586 restricted stock shares vesting on May 14, 2015 (see (2) above), 944 of these shares were withheld to pay the resulting tax liability.
- [F4]Restricted stock units granted on May 20, 2015, with vesting to occur in three (3) equal annual installments beginning May 20, 2016. Vested shares will be delivered to the reporting person on the date that the restricted stock units become vested and nonforfeitable or within sixty (60) days thereafter.
- [F5]Performance stock units granted on May 20, 2015. The performance stock units will vest on January 1, 2018. The number of performance stock units subject to vesting is contingent upon achievement of certain performance criteria. The actual number of shares received upon vest may decrease based on achievement of non-GAAP EBITDA targets.