INVENTURE FOODS, INC. 4
4 · INVENTURE FOODS, INC. · Filed May 24, 2017
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-05-20−10,257→ 10,257 total→ Common Stock (10,257 underlying) - Exercise/Conversion
Common Stock
2017-05-20+10,257→ 433,711 total - Award
Restricted Stock Unit
2017-05-19+83,192→ 83,192 total→ Common Stock (83,192 underlying) - Tax Payment
Common Stock
2017-05-20$4.22/sh−3,328$14,044→ 430,383 total
Footnotes (4)
- [F1]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.
- [F2]The restricted stock units vest in three (3) equal annual installments beginning May 19, 2018. 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.
- [F3]On May 20, 2015, the reporting person was granted 30,772 restricted stock units, vesting in three (3) equal annual installments beginning May 20, 2016.
- [F4]Of the 10,257 restricted stock shares vesting on May 20, 2017 (see (3) above), 3,328 of these shares were withheld to pay the resulting tax liability.