4//SEC Filing
FARMER BROTHERS CO 4
Accession 0001209191-15-012272
$FARMCIK 0000034563operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 7:31 PM ET
Size
8.1 KB
Accession
0001209191-15-012272
Insider Transaction Report
Form 4
MATTEI THOMAS J JR
GENERAL COUNSEL
Transactions
- Award
Stock Option (right to buy)
2015-02-09$23.44/sh+4,281$100,347→ 10,761 totalExercise: $23.44Exp: 2022-02-09→ Common Stock (4,281 underlying) - Purchase
Common Stock $1.00 par value
2015-02-09$25.00/sh+300$7,500→ 1,215 total
Footnotes (2)
- [F1]Open market purchase. This transaction was executed in multiple trades at a price of $25.00. The price reported above is the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request by the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Grant of non-qualified stock option under the Farmer Bros. Co. Amended and Restated 2007 Long-Term Incentive Plan ("Plan"); the stock option vests pursuant to a three year vesting schedule, whereby one-third of the total number of shares issuable under the option becomes exercisable each year on the anniversary of the grant date, commencing on February 9, 2016, based on the Company's achievement of a modified net income target for each fiscal year of the performance period as approved by the Compensation Committee, subject to catch-up vesting of previously unvested shares in a subsequent year within the three year period in which a cumulative modified net income target as approved by the Compensation Committee is achieved and the acceleration provisions of the Plan and stock option agreement, and subject to the participant's employment by the Company or service on the Board of Directors of the Company on the applicable vesting date.
Documents
Issuer
FARMER BROTHERS CO
CIK 0000034563
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000034563
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 7:31 PM ET
- Size
- 8.1 KB