PANERA BREAD CO 4
4 · PANERA BREAD CO · Filed May 22, 2015
Insider Transaction Report
Form 4
PANERA BREAD COPNRA
KOZIOL KENNETH M
Executive Vice President
Transactions
- Award
Class A Common Stock
2015-05-20+230→ 460 total - Award
Class A Common Stock
2015-05-20+750→ 1,210 total - Award
Class A Common Stock
2015-05-20+1,343→ 2,553 total - Award
Stock Appreciation Rights
2015-05-20+2,625→ 2,625 totalExercise: $186.14Exp: 2021-05-20→ Class A Common Stock (2,625 underlying) - Award
Class A Common Stock
2015-05-20+230→ 230 total - Award
Stock Appreciation Rights
2015-05-20+4,700→ 4,700 totalExercise: $186.14Exp: 2021-05-20→ Class A Common Stock (4,700 underlying)
Footnotes (6)
- [F1]Represents a grant of restricted shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), under the Company's 2005 Long-Term Incentive Program, as amended ("LTIP"), and the Company's 2006 Stock Incentive Plan (the "Plan"). These shares vest over a five-year period, with 25% of the original number of shares vesting on the second anniversary of the date of the grant, and an additional 25% of the original number of shares vesting on each of the third, fourth and fifth anniversary of the date of grant.
- [F2]Represents a grant of restricted shares of Class A Common Stock that the Reporting Person elected to receive under a Choice Award pursuant to the LTIP. These shares vest over a five-year period, with 25% of the original number of shares vesting on the second anniversary of the date of the grant, and an additional 25% of the original number of shares vesting on each of the third, fourth and fifth anniversary of the date of grant.
- [F3]Represents a grant of restricted shares of Class A Common Stock, under the Plan. These shares vest on February 26, 2018.
- [F4]Represents a grant of restricted shares of CLass A Common Stock under the Plan. These shares vest as to 33.3% of the original number of shares on the first anniversary of the date of grant and as to an additional 33.3% of the original number of shares on each of the second and third anniversary of the date of grant.
- [F5]Represents a grant of a stock settled appreciation right ("SSAR") that the Reporting Person elected to receive under a Choice Award . The shares were issued pursuant to the Plan. This SSAR vests as to 100% of the shares underlying the SSAR on the third anniversary of the date of grant.
- [F6]Represents a grant of a SSAR under the Plan. The shares were issued pursuant to the Plan. This SSAR vests as to 100% of the shares underlying the SSAR on the third anniversary of the date of grant.