4//SEC Filing
FARMER BROTHERS CO 4
Accession 0001181431-14-007651
$FARMCIK 0000034563operating
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 4:32 PM ET
Size
30.1 KB
Accession
0001181431-14-007651
Insider Transaction Report
Form 4
MORTENSEN THOMAS W
SR. VICE PRES.OF ROUTE SALES
Transactions
- Sale
Common Stock, $1.00 Par Value
2014-02-18$20.98/sh−2,090$43,848→ 22,420 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-14$18.41/sh+3,035$55,874→ 25,455 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-14$6.96/sh+6,666$46,395→ 37,179 total - Exercise/Conversion
Stock Option (right to buy)
2014-02-14−3,035→ 50,697 totalExercise: $18.41Exp: 2016-12-10→ Common Stock (3,035 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-02-14−1,456→ 37,517 totalExercise: $11.81Exp: 2019-12-07→ Common Stock (1,456 underlying) - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-14$18.03/sh+3,035$54,721→ 28,490 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-14$11.81/sh+1,456$17,195→ 38,635 total - Sale
Common Stock, $1.00 Par Value
2014-02-14$20.98/sh−16,215$340,213→ 22,420 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-14$7.32/sh+2,023$14,808→ 30,513 total - Exercise/Conversion
Common Stock, $1.00 Par Value
2014-02-18$11.81/sh+2,090$24,683→ 24,510 total - Exercise/Conversion
Stpck Option (right to buy)
2014-02-14−3,035→ 47,662 totalExercise: $18.03Exp: 2017-12-09→ Common Stock (3,035 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-02-14−2,023→ 45,639 totalExercise: $7.32Exp: 2018-12-08→ Common Stock (2,023 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-02-14−6,666→ 38,973 totalExercise: $6.96Exp: 2019-05-11→ Common Stock (6,666 underlying) - Exercise/Conversion
Stock Option (right to buy)
2014-02-18−2,090→ 35,427 totalExercise: $11.81Exp: 2019-12-07→ Common Stock (2,090 underlying)
Footnotes (7)
- [F1]Open market sale of shares from 2/14/2014 stock option exercises, with a portion 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 $20.98 to $21.00; 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]Open market sale of shares from 2/18/2014 stock option exercise, with a portion of the proceeds delivered to the issuer for payment of the exercise price of the options. This transaction was executed in a single trade at a sale price of $20.98. The reporting person continues to meet the Company's stock ownership guidelines.
- [F3]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.
- [F4]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.
- [F5]Exercise of non-qualified stock option granted on 12/8/2011 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. The options vest 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 12/8/2012 and 12/8/2013. One-third of the total number of shares, or 1,012 shares, issuable under the option have not vested and are not exercisable as of the transaction date of this report.
- [F6]Exercise of non-qualified stock option granted on 5/11/2012 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. The options vest pursuant to a three year vesting schedule whereby one-third of the total number of shares issuable under the option became exercisable on 5/11/2013 and two-thirds of the total number of shares issuable under the option, or 13,334 shares, have not vested and are not exercisable as of the transaction date of this report.
- [F7]Exercise of non-qualified stock option granted on 12/7/2012 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. The options vest pursuant to a three year vesting schedule whereby one-third of the total number of shares issuable under the option, or 3,546 shares, became exercisable on 12/7/2013 and two-thirds of the total number of shares issuable under the option, or 7,092 shares, have not vested and are not exercisable as of the transaction date of this report.
Documents
Issuer
FARMER BROTHERS CO
CIK 0000034563
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000034563
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 4:32 PM ET
- Size
- 30.1 KB