INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed Mar 9, 2016
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2016-03-07+36,944→ 366,077 total - Tax Payment
Common Stock
2016-03-07$5.71/sh−12,015$68,606→ 354,062 total
Footnotes (2)
- [F1]On March 7, 2016, 36,944 shares that were acquired by the reporting person pursuant to the award of 50,000 restricted stock shares on May 15, 2013, which were subject to performance criteria set forth by the Company's Board of Directors, vested and were paid to the reporting person. 12,015 of these 36,944 shares were withheld to pay the resulting tax liability.
- [F2]The number of securities beneficially owned has been reduced to reflect the settlement of the May 15, 2013 restricted stock grant noted in Footnote 1. 13,056 of the 50,000 restricted stock shares did not vest pursuant to the performance criteria and were removed from the reporting person's number of beneficially owned securities.