FAMOUS DAVES OF AMERICA INC 4
4 · FAMOUS DAVES OF AMERICA INC · Filed Jan 17, 2014
Insider Transaction Report
Form 4
ODONNELL CHRISTOPHER
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Employee Stock Options
2014-01-15−20,000→ 0 totalExercise: $6.15Exp: 2014-02-18→ Common Stock, $.01 par value (20,000 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2014-01-15$6.15/sh+20,000$123,000→ 146,205 total - Tax Payment
Common Stock, $.01 par value
2014-01-15$19.95/sh−11,028$220,009→ 135,177 total
Holdings
- 50,000
Restricted Stock Units
→ Common Stock, $.01 par value (50,000 underlying)
Footnotes (5)
- [F1]Shares forfeited to the Issuer upon exercise of option in payment of the exercise price and to cover applicable federal and state withholding obligations under IRC sections 3101 and 3402, sections 31.3121(a)-1(e) and 31.3401-1(a)(4) of the Treasury Regulations, and MN Stat 290.92 and MN Admin Rule 8092.0700.
- [F2]Pursuant to Section 16b-3 (right to buy)
- [F3]5,000 shares vested on each of 2/18/05, 2/18/06, 2/18/07 and 2/1/8/08.
- [F4]Each restricted stock unit represents a contingent right to receive one share of the Company's Common Stock.
- [F5]The restricted stock units vest in three equal annual installments beginning on 9/11/2011. Vested shares will be delivered to the Reporting Person upon the termination date of his employment with the Company.