INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed May 17, 2017
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2017-05-11$4.01/sh−1,639$6,572→ 160,255 total - Tax Payment
Common Stock
2017-05-14$4.09/sh−811$3,317→ 162,370 total - Exercise/Conversion
Common Stock
2017-05-14+2,926→ 163,181 total - Exercise/Conversion
Restricted Stock Units
2017-05-14−2,926→ 0 total→ Common Stock (8,128 underlying)
Footnotes (4)
- [F1]On May 11, 2016, the reporting person was granted 17,721 restricted stock units, vesting in three (3) equal annual installments beginning May 11, 2017. Of the 5,907 shares vesting on May 11, 2017, 1,639 of these shares were withheld to pay the resulting tax liability.
- [F2]Restricted stock units convert into Inventure Foods, Inc. common stock on a one-for-one basis, or at the issuer's option, a cash payment equal to the fair market value of such shares.
- [F3]On June 17, 2014, the reporting person was granted 8,778 restricted stock units, vesting in three (3) equal annual installments beginning May 14, 2015.
- [F4]Of the 2,926 restricted stock shares vesting on May 14, 2017 (see (3) above), 811 of these shares were withheld to pay the resulting tax liability.