Home/Filings/4/0001179110-06-024307
4//SEC Filing

ROSS FRAN V 4

Accession 0001179110-06-024307

CIK 0000926295other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 8:07 AM ET

Size

17.9 KB

Accession

0001179110-06-024307

Insider Transaction Report

Form 4
Period: 2006-12-22
ROSS FRAN V
Vice President & CFO
Transactions
  • Exercise Out-of-Money

    Incentive Stock Option (right to purchase)

    2006-12-22$1.11/sh30,000$33,3750 total
    Exercise: $1.11From: 1998-03-07Exp: 2007-03-07Common Stock (30,000 underlying)
  • Disposition to Issuer

    Commin Stock

    2006-12-22$1.00/sh24,801$24,8010 total
  • Exercise Out-of-Money

    Option Exercise

    2006-12-22$0.94/sh100$940 total
    Exercise: $0.94From: 1996-03-01Common Stock (100 underlying)
  • Disposition to Issuer

    Common Stock

    2006-12-22$0.94/sh100$940 total
  • Exercise Out-of-Money

    Incentive Stock Option (right to purchase)

    2006-12-22$0.94/sh24,900$23,4060 total
    Exercise: $0.94From: 1996-03-01Exp: 2005-11-21Common Stock (24,900 underlying)
  • Exercise of In-Money

    Incentive Stock Option (right to purchase)

    2006-12-22$0.45/sh20,000$9,0000 total
    Exercise: $0.45From: 2005-06-10Exp: 2009-12-09Common Stock (20,000 underlying)
  • Exercise Out-of-Money

    Incentive Stock Option (right to purchase)

    2006-12-22$0.97/sh15,000$14,5350 total
    Exercise: $0.97From: 1999-09-10Exp: 2008-09-09Common Stock (15,000 underlying)
Footnotes (6)
  • [F1]Stock issued pursuant to S-2 Registration effective February 26, 1998 ("The Rights Offering)
  • [F2]Represents an option to purchase common stock of the Issuer at a purchase price of $.94 per share which was issued pursuant to the Issuer's 1994 Combination Stock Option Plan. The option is exercisable with respect 21% of the total on January 1, 1996; 42% of the total of January 1, 1997; 63% of the total of January 1, 1997; 63% of the total on January 1, 1998; 84% of the total on January 1, 1999; and 100% of the total on January 1, 2000.
  • [F3]Exercised 100 options which converted to 100 shares of Common Stock.
  • [F4]Represents an option to purchase common stock of the Issuer at a purchase price of $1.1125 per share which was issued pursuant to the Issuer's 1994 Combination Stock Option Plan. The option vests annually in 20% increments commencing one year from the date of grant.
  • [F5]Represents an option to purchase common stock of the Issuer at a purchase price of $.969 per share which was issued pursuant to the Issuer's 1994 Combination Stock Option Plan. The option vests annually in 20% increments commencing one year form the date of grant.
  • [F6]Grant to reporting person of option to purchase 20,000 shares of Common Stock of the Issuer under the issuer's 2002 Combination Stock Option and Share Award Plan.

Issuer

BOSTON RESTAURANT ASSOCIATES INC

CIK 0000926295

Entity typeother

Related Parties

1
  • filerCIK 0001209115

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 8:07 AM ET
Size
17.9 KB