FRISCHS RESTAURANTS INC 4
4 · FRISCHS RESTAURANTS INC · Filed Aug 26, 2015
Insider Transaction Report
Form 4
Fettig James
Other
Transactions
- Disposition to Issuer
Common Stock
2015-08-24$34.00/sh−674$22,916→ 0 total - Disposition to Issuer
Stock Option (Option to Buy)
2015-08-24$12.10/sh−250$3,025→ 0 totalExercise: $21.90From: 2010-06-05Exp: 2017-06-05→ Common Stock (250 underlying)
Footnotes (2)
- [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 option was cancelled pursuant to the Merger Agreement. The reporting person received a cash equivalent for each outstanding stock option share equal to the difference between $34.00, which was the merger consideration, and the stock option exercise price.