PANERA BREAD CO 4
4 · PANERA BREAD CO · Filed Mar 3, 2017
Insider Transaction Report
Form 4
PANERA BREAD COPNRA
Hurst Blaine
SVP, Tech. Business Strategy
Transactions
- Award
Class A Common Stock
2017-03-01+360→ 13,791 total - Award
Class A Common Stock
2017-03-01+204→ 14,355 total - Award
Class A Common Stock
2017-03-01+204→ 14,559 total - Award
Class A Common Stock
2017-03-01+360→ 14,151 total
Footnotes (4)
- [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 2015 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 March 1, 2018.
- [F4]Represents a grant of restricted shares of Class A Common Stock that the Reporting Person elected to receive under a Choice Award. These shares were issued under the Plan. These shares vest on March 1, 2018.