INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed May 17, 2017
Insider Transaction Report
Form 4
FOSTER EDWARD BRIAN
SVP-Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-05-14−2,585→ 0 total→ Common Stock (2,585 underlying) - Tax Payment
Common Stock
2017-05-11$4.01/sh−1,401$5,618→ 15,261 total - Exercise/Conversion
Common Stock
2017-05-14+2,585→ 17,846 total - Tax Payment
Common Stock
2017-05-14$4.09/sh−937$3,832→ 16,909 total
Footnotes (4)
- [F1]On May 11, 2016, the reporting person was granted 11,598 restricted stock units, vesting in three (3) equal annual installments beginning May 11, 2017. Of the 3,866 shares vesting on May 11, 2017, 1,401 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 7,757 restricted stock units, vesting in three (3) equal annual installments beginning May 14, 2015.
- [F4]Of the 2,585 restricted stock shares vesting on May 14, 2017 (see (3) above), 937 of these shares were withheld to pay the resulting tax liability.