FRISCHS RESTAURANTS INC 4
4 · FRISCHS RESTAURANTS INC · Filed Aug 26, 2015
Insider Transaction Report
Form 4
Transactions
- Award
Phantom Stock
2015-08-24$34.00/sh+15$510→ 487 totalExercise: $0.00→ Common Stock (15 underlying) - Disposition to Issuer
Phantom Stock
2015-08-24−487→ 0 totalFrom: 2015-08-24Exp: 2015-08-24→ Common Stock (487 underlying) - Disposition to Issuer
Common Stock
2015-08-24$34.00/sh−3,932$133,688→ 0 total
Footnotes (4)
- [F1]The transactions reported on this Form 4 relate to the vesting and disposition of shares and equity awards pursuant to the closing of the Agreement and Plan of Merger dated May 21, 2015 among the Issuer, FRI Holding Company, LLC and FRI Merger Sub, LLC (the "Merger Agreement").
- [F2]The total number of securities disposed of includes 36 shares of stock purchased on October 31, 2014 and 107 shares of stock purchased on April 30, 2015 by the employee under the Company's Employee Stock Purchase Plan.
- [F3]Acquired under the issuer's executive savings plan. Will be settled in cash or shares of common stock upon the reporting person's retirement or other form of termination.
- [F4]Pursuant to the Merger Agreement, the phantom shares will be settled in cash for $34.00 per share.