Ulrich Jerry N 4
4 · BLACKHAWK NETWORK HOLDINGS, INC · Filed Jul 28, 2017
Insider Transaction Report
Form 4
Ulrich Jerry N
CFO & Chief Admin Officer
Transactions
- Exercise/Conversion
Common Stock
2017-07-26$21.03/sh+20,000$420,600→ 63,280 total - Sale
Common Stock
2017-07-26$45.15/sh−75,000$3,386,033→ 43,280 total - Exercise/Conversion
Common Stock
2017-07-26$20.00/sh+55,000$1,100,000→ 118,280 total - Exercise/Conversion
Stock Option (Right to Buy)
2017-07-26+20,000→ 0 totalExercise: $21.03→ Common Stock (20,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2017-07-26+55,000→ 0 totalExercise: $20.00→ Common Stock (55,000 underlying)
Footnotes (3)
- [F1]Transaction executed in multiple trades at prices ranging from $45.00 to $45.30 per share, inclusive. The price reported in column 4 of Table I above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- [F2]The shares vest pursuant to the following schedule: Twenty Percent (20%) of the shares subject to the option vest on each of the first, second, third, fourth and fifth anniversary of March 14, 2011, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.
- [F3]The shares vest pursuant to the following schedule: Twenty-Five Percent (25%) of the shares subject to the option vest on each of the first, second, third, and fourth anniversary of March 26, 2013, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date.