INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed May 17, 2017
Insider Transaction Report
Form 4
Sklar Steve
SVP Marketing
Transactions
- Tax Payment
Common Stock
2017-05-14$4.09/sh−765$3,129→ 49,976 total - Tax Payment
Common Stock
2017-05-11$4.01/sh−1,545$6,195→ 48,193 total - Exercise/Conversion
Common Stock
2017-05-14+2,548→ 50,741 total - Exercise/Conversion
Restricted Stock Units
2017-05-14−2,548→ 0 total→ Common Stock (2,548 underlying)
Footnotes (4)
- [F1]On May 11, 2016, the reporting person was granted 15,431 restricted stock units, vesting in three (3) equal annual installments beginning May 11, 2017. Of the 5,144 shares vesting on May 11, 2017, 1,545 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 7,644 restricted stock units, vesting in three (3) equal annual installments beginning May 14, 2015.
- [F4]Of the 2,548 restricted stock shares vesting on May 14, 2017 (see (3) above), 765 of these shares were withheld to pay the resulting tax liability.