4//SEC Filing
RAWLINGS MICHAEL S 4
Accession 0001181431-11-036711
CIK 0001048620other
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 1:25 PM ET
Size
7.6 KB
Accession
0001181431-11-036711
Insider Transaction Report
Form 4
RAWLINGS MICHAEL S
Director10% Owner
Transactions
- Award
Stock Option (right to buy)
2011-06-14+3,000→ 3,000 totalExercise: $3.55From: 2012-06-14Exp: 2021-06-14→ Common Stock (3,000 underlying)
Holdings
- 3,000,000(indirect: By LLC)
Series A Convertible Preferred Stock
From: 2011-05-10→ Common Stock (6,000,000 underlying)
Footnotes (4)
- [F1]This option was granted under the Company's Amended and Restated Equity Incentive Plan, which meets the requirements of Rule 16b-3.
- [F2]Each share of the Series A Convertible Preferred Stock ("Preferred Stock") is convertible into two shares of common stock.
- [F3]The Preferred Stock may be converted into common stock of the Issuer at any time prior to December 31, 2014. The Preferred Stock will automatically convert to common stock of the Issuer on the first business day on or after December 31, 2014, on which the average of the closing sale prices of the Issuer's common stock on the NASDAQ Capital Market (or other principal exchange or market on which the common stock is then traded) for the trading days within the 90 calendar day period ending on the date prior to such first business day is greater than $4.00 per share (as adjusted for stock splits, distributions or other combinations).
- [F4]In May 2011, Concept Development Partners LLC acquired 3,000,000 shares of Preferred Stock of the Issuer. The reporting person has an indirect pecuniary interest in the shares reported herein.
Documents
Issuer
GRANITE CITY FOOD & BREWERY LTD
CIK 0001048620
Entity typeother
Related Parties
1- filerCIK 0001250397
Filing Metadata
- Form type
- 4
- Filed
- Jun 14, 8:00 PM ET
- Accepted
- Jun 15, 1:25 PM ET
- Size
- 7.6 KB