Bashour Fouad Zouhair 4
4 · GRANITE CITY FOOD & BREWERY LTD. · Filed May 11, 2012
Insider Transaction Report
Form 4
Bashour Fouad Zouhair
Director10% Owner
Transactions
- Award
Stock Option (right to buy)
2012-05-10+4,525→ 4,525 totalExercise: $2.21From: 2013-05-10Exp: 2022-05-10→ Common Stock (4,525 underlying)
Holdings
- 139,298(indirect: By LLC)
Common Stock
- 3,000
Stock Option (right to buy)
Exercise: $3.55From: 2012-06-14Exp: 2021-06-14→ Common Stock (3,000 underlying) - 3,000,000(indirect: By LLC)
Series A Convertible Preferred Stock
From: 2011-05-10→ Common Stock (6,000,000 underlying)
Footnotes (4)
- [F1]The reporting person has an indirect pecuniary interest in the shares reported herein.
- [F2]This option was granted under the Company's Long-Term Incentive Plan, which meets the requirements of Rule 16b-3.
- [F3]Each share of the Preferred Stock is convertible into two shares of common stock.
- [F4]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).