Young Jason Taney 4
4 · ARC Group Worldwide, Inc. · Filed Sep 29, 2017
Insider Transaction Report
Form 4
Young Jason Taney
DirectorCEOOther
Transactions
- Sale
Common Stock
2017-09-28$2.35/sh−40,289$94,679→ 449,717 total - Exercise/Conversion
Stock Option (right to buy)
2017-09-28−62,700→ 0 totalExercise: $1.51Exp: 2017-09-28→ Common Stock (62,700 underlying) - Other
Stock Option (Right to buy)
2017-09-28−59,175→ 0 totalExercise: $2.50From: 2016-08-26Exp: 2017-09-28→ Common Stock (59,175 underlying) - Other
Stock Option (Right to Buy)
2017-09-28+59,175→ 59,175 totalExercise: $2.50From: 2017-09-28Exp: 2022-06-30→ Common Stock (59,175 underlying) - Exercise/Conversion
Common Stock
2017-09-28$1.51/sh+62,700$94,677→ 490,006 total
Footnotes (2)
- [F1]Options granted on January 15, 2016. An aggregate of 62,700 options vested in 20% increments on each of January 15, 2016 and January 15, 2017.
- [F2]Effective September 28, 2017, options exercisable for an aggregate of 59,175 shares of common stock, at an exercise price of $2.50 per share, expiring September 28, 2017 (the "Prior Options"), were exchanged for options exercisable for an aggregate of 59,175 shares of common stock, at an exercise price of $2.50 per share, expiring June 30, 2022 (the "Exchange Options"). The Exchange Options were issued in respect of all Prior Options that had fully vested on or prior to June 30, 2017. The Exchange Options were issued in accordance with the terms and conditions of that certain separation agreement entered into between the reporting person and the issuer, effective June 30, 2017.