KRISPY KREME DOUGHNUTS INC 4
4 · KRISPY KREME DOUGHNUTS INC · Filed Jun 15, 2016
Insider Transaction Report
Form 4
LEE CARL E JR
Director
Transactions
- Award
Restricted Stock Units
2016-06-14+5,714→ 5,714 total→ Common Stock (5,714 underlying)
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") convert to shares of common stock on a one-for-one basis.
- [F2]The RSUs will vest in four equal quarterly installments beginning September 14, 2016 and continuing on December 14, 2016; March 14, 2017; and the earlier of June 17, 2017 or the Issuer's 2017 Annual Meeting of Shareholders.
- [F3]The reporting person has elected to defer receipt of the RSUs. The vested RSUs will be distributed in a single lump sum following the termination of his service on the Board of Directors. Any RSUs that have not vested prior to his termination of service will be forfeited.