Fresh Market, Inc. 4
4 · Fresh Market, Inc. · Filed Feb 6, 2015
Insider Transaction Report
Form 4
Crane Sean
SVP - Store Operations
Transactions
- Award
Options to purchase
2015-02-04+22,660→ 124,846 totalExercise: $38.29→ Common stock (22,660 underlying) - Award
Restricted stock units
2015-02-04+10,812→ 15,770 total→ Common stock (10,812 underlying)
Footnotes (4)
- [F1]The options vest in 25% increments on each of the first four anniversaries of the grant date, provided that the holder remains employed by The Fresh Market, Inc. or its affiliates through the relevant vesting date, subject to provisions for retirement, death, disability, and change of control.
- [F2]The options expire upon the earlier of (a) the tenth anniversary of the date of grant and (b) three months after the holder of the option terminates employment with The Fresh Market, Inc. or its affiliates, subject to provisions for termination for cause, retirement, death, disability, and change of control.
- [F3]Each restricted stock unit (RSU) represents the right to receive one share of common stock of The Fresh Market, Inc. on the vesting date, provided that the holder of the RSU remains employed by The Fresh Market, Inc. or its affiliates through the relevant vesting date, subject to provisions for death, disability, retirement, and change of control. RSUs include the right to have shares withheld to satisfy tax withholding obligations upon vesting.
- [F4]5,406 RSUs will vest in 25% increments on the first, second, third and fourth anniversaries of the grant date, and 5,406 RSUs will vest on the third anniversary of the grant date, provided in each case that the holder of the RSU remains employed by The Fresh Market, Inc. or its affiliates through the relevant vesting date, subject to provisions for death, disability, retirement, and change of control.