STEAK & SHAKE CO 4
4 · STEAK & SHAKE CO · Filed Sep 7, 2005
Insider Transaction Report
Form 4
BLADE JEFFREY A
Chief Financial Officer
Transactions
- Award
Common Stock
2005-09-01+3,000→ 20,000 total
Holdings
- 12,000
Option
Exercise: $19.27From: 2004-03-15Exp: 2009-03-15→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]The Options granted to Mr. Blade vest in 20% increments on the date of grant and on each of the four (4) anniversaries thereafter.
- [F2]These shares were granted to Mr. Blade pursuant to the Company's Capital Appreciation Plan, an employee benefit plan approved by the Company's Shareholders pursuant to Rule 16(b)(3). Accordingly, no price was paid for the shares. Under the Plan there is a three year restriction on transfer and the shares are forfeitable should Mr. Blade not be employed by the Company on the third anniversary of the grant.