FARMER BROTHERS CO 4
4 · FARMER BROTHERS CO · Filed Feb 18, 2014
Insider Transaction Report
Form 4
HARDING MARK A
SR. V.P. OPERATIONS
Transactions
- Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-13$18.41/sh+9,537$175,576→ 29,369 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-13$9.63/sh+20,000$192,600→ 61,507 total - Exercise/Conversion
Stock option (right to buy)
2014-02-13−20,000→ 36,295 totalExercise: $10.82Exp: 2019-02-13→ Common Stock (20,000 underlying) - Sale
Common Stock, $1.00 Par Value
2014-02-13$20.92/sh−61,675$1,290,013→ 19,832 total - Exercise/Conversion
Stock option (right to buy)
2014-02-13−20,000→ 56,295 totalExercise: $9.63Exp: 2018-05-19→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock option (right to buy)
2014-02-13−12,138→ 76,295 totalExercise: $18.03Exp: 2017-12-09→ Common Stock (12,138 underlying) - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-13$18.03/sh+12,138$218,848→ 41,507 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-13$10.82/sh+20,000$216,400→ 81,507 total - Exercise/Conversion
Stock option (right to buy)
2014-02-13−9,537→ 88,433 totalExercise: $18.41Exp: 2016-12-10→ Common Stock (9,537 underlying)
Footnotes (5)
- [F1]Open market sale of shares from 2/13/2014 stock option exercises, with a porton of the proceeds delivered to the issuer for payment of the exercise price of the options. This transaction was executed in multiple trades at prices ranging from $20.75 to $21.51; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the issuer, or a security holder of the issuer. The reporting person continues to meet the Company's stock ownership guidelines.
- [F2]Exercise of non-qualified stock option granted on 12/10/2009 under the Farmer Bros. Co. 2007 Omnibus Plan prior to its amendment and restatement in the form of the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan. The options vested pursuant to a three year vesting schedule whereby one-third of the total number of shares issuable under the option became exercisable each year on 12/10/2010, 12/10/2011 and 12/10/2012.
- [F3]Exercise of non-qualified stock option granted on 12/9/2010 under the Farmer Bros. Co. 2007 Omnibus Plan prior to its amendment and restatement in the form of the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan. The options vested pursuant to a three year vesting schedule whereby one-third of the total number of shares issuable under the option became exercisable each year on 12/9/2011, 12/9/2012 and 12/9/2013.
- [F4]Exercise of non-qualified stock option granted on 5/19/2011 under the Farmer Bros. Co. 2007 Omnibus Plan prior to its amendment and restatement in the form of the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan. 100% of the total number of shares issuable under the option became exercisable on 5/19/2012.
- [F5]Exercise of non-qualified stock option granted on 2/13/2012 under the Farmer Bros. Co. 2007 Omnibus Plan prior to its amendment and restatement in the form of the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan. 100% of the total number of shares issuable under the option became exercisable on 2/13/2013.