PANERA BREAD CO 4
4 · PANERA BREAD CO · Filed Aug 5, 2014
Insider Transaction Report
Form 4
PANERA BREAD COPNRA
BORLAND MARK
SVP,Chief Supply Chain Officer
Transactions
- Tax Payment
Class A Common Stock
2014-08-03$149.20/sh−137$20,440→ 5,749 total - Disposition to Issuer
Class A Common Stock
2014-08-03$149.20/sh−710$105,932→ 6,263 total - Exercise/Conversion
Class A Common Stock
2014-08-03$55.20/sh+1,224$67,565→ 6,973 total - Exercise/Conversion
Stock Appreciation Rights
2014-08-04−1,224→ 0 totalExercise: $55.20Exp: 2015-08-03→ Class A Common Stock (1,224 underlying)
Footnotes (2)
- [F1]The exercise reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2014.
- [F2]The stock settled appreciation right ("SSAR") vests as to 25% of the original number of shares on the second anniversary of the date of grant and as to an additional 25% of the original number of shares on each successive anniversary following the second anniversary of the grant date until the fifth anniversary of the grant date.