Orchids Paper Products CO /DE 4

4 · Orchids Paper Products CO /DE · Filed Aug 21, 2013

Form 4

Period: 2013-08-19

DirectorPresident & CEO

Transactions

Exercise/Conversion
Common Stock
2013-08-19$6.81/sh+6,558$44,660→ 87,979 total
Exercise/Conversion
Common Stock
2013-08-20$6.81/sh+15,730$107,121→ 97,151 total
Exercise/Conversion
Stock Option (Right to Buy)
2013-08-20−15,730→ 15,370 total
Exercise: $6.81From: 2007-08-20Exp: 2017-08-20→ Common Stock (15,730 underlying)
Sale
Common Stock
2013-08-19$28.41/sh−6,558$186,319→ 81,421 total
Exercise/Conversion
Stock Option (Right to Buy)
2013-08-19−6,558→ 31,100 total
Exercise: $6.81From: 2007-08-20Exp: 2017-08-20→ Common Stock (6,558 underlying)
Sale
Common Stock
2013-08-20$28.21/sh−15,730$443,712→ 81,421 total

Holdings

Footnotes (3)

[F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $28.30 to $28.45, inclusive. The reporting person undertakes to provide Orchids Paper Products Company, any security holder of Orchids Paper Products Company, 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 ranges set forth in this footnote.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $28.20 to $28.31, inclusive. The reporting person undertakes to provide Orchids Paper Products Company, any security holder of Orchids Paper Products Company, 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 ranges set forth in this footnote.
[F3]The options were granted on August 20, 2007 with an exercise price equal to the average of the high and low price on the date of grant. 20% of the options vested on the date of grant, with the remaining 80% vesting ratably over the next four years.

Documents

1 file