WALKER DONALD H 4
4 · FRISCHS RESTAURANTS INC · Filed Sep 19, 2012
Insider Transaction Report
Form 4
WALKER DONALD H
VP - FINANCE AND TREASURER
Transactions
- Award
Stock Option
2012-09-17+2,500→ 2,500 totalExercise: $21.90Exp: 2017-06-05→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option
2012-09-17−2,500→ 0 totalExercise: $31.40From: 2008-06-05Exp: 2017-06-05→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Option to buy
- [F2]The reported transactions involved an amendment of outstanding options, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The reporting person agreed to the cancellation of the old option in exchange for a new option having a lower exercise price, which was adjusted in accordance with the applicable company plan, to reflect the special dividend recently declared and paid by the company.
- [F3]The option was originally granted on June 5, 2007 and provided for vesting in three equal installments, 1/3 each year on June 5, 2008, June 5, 2009 and June 5, 2010.