4//SEC Filing
RAWLINGS MICHAEL S 4
Accession 0001181431-13-019519
CIK 0001048620other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 10:16 AM ET
Size
9.8 KB
Accession
0001181431-13-019519
Insider Transaction Report
Form 4
RAWLINGS MICHAEL S
Director10% Owner
Transactions
- Other
Common Stock
2013-03-29+48,009→ 3,450,423 total(indirect: By LLC)
Holdings
- 3,000
Stock Option (right to buy)
Exercise: $3.55From: 2012-06-14Exp: 2021-06-14→ Common Stock (3,000 underlying) - 4,525
Stock Option (right to buy)
Exercise: $2.21From: 2013-05-10Exp: 2022-05-10→ Common Stock (4,525 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]On March 29, 2013, the Issuer paid a quarterly dividend in the form of 50% cash and 50% common stock on its outstanding Series A Convertible Preferred Stock ("Preferred Stock"), resulting in the issuance of 48,009 shares of common stock to Concept Development Partners LLC, the sole holder of the Issuer's Preferred Stock.
- [F2]The reporting person has an indirect pecuniary interest in the shares reported herein.
- [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).
Documents
Issuer
GRANITE CITY FOOD & BREWERY LTD.
CIK 0001048620
Entity typeother
Related Parties
1- filerCIK 0001250397
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 10:16 AM ET
- Size
- 9.8 KB