Smart & Final Stores, Inc. 4
4 · Smart & Final Stores, Inc. · Filed Jul 10, 2017
Insider Transaction Report
Form 4
Mortensen Michael A.
SVP Sls & Mrch Smart & Final
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2017-07-06−26,980→ 0 totalExercise: $2.09Exp: 2017-07-30→ Common Stock (26,980 underlying) - Exercise/Conversion
common stock par value $0.001
2017-07-06$2.09/sh+26,980$56,388→ 48,191 total - Sale
common stock par value $0.001
2017-07-06$8.26/sh−26,980$222,855→ 21,211 total
Footnotes (4)
- [F1]These shares were acquired pursuant to exercises of stock options as described in Table II.
- [F2]The sales reported in this Form 4 were affected pursuant to a Rule 10b5-1 sales plan adopted by Mr. Mortensen on September 13, 2016.
- [F3]These shares are comprised of shares acquired pursuant to exercises of stock options as described in Footnote 1, and were sold in multiple transactions at prices ranging from $8.15 to $8.43 per share. Mr. Mortensen undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F4]The option was granted on July 30, 2010. A portion of the option was scheduled to vest ratably over four years following the date of grant, and the remainder of the option was scheduled to vest upon achievement by Smart & Final Holdings Corp. of certain performance measures. In connection with the acquisition of Smart & Final Holdings Corp. by Smart & Final Stores, Inc., this option accelerated and vested in accordance with its terms on November 15, 2012.