4//SEC Filing
Ansley T. Michael 4
Accession 0001394156-18-000056
CIK 0001394156other
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 5:39 PM ET
Size
11.2 KB
Accession
0001394156-18-000056
Insider Transaction Report
Form 4
Ansley T. Michael
DirectorPresident and CEO10% Owner
Transactions
- Award
Option to purchase common stock -- -- Right to Buy '19
2016-07-28+30,000→ 30,000 totalExercise: $2.50Exp: 2019-07-31→ Common Stock (30,000 underlying) - Sale
Common Stock
2018-07-24$1.00/sh−700,000$700,000→ 2,314,557 total - Disposition to Issuer
Option to purchase common stock -- -- Right to Buy '16
2016-07-28−30,000→ 0 totalExercise: $2.50Exp: 2016-07-31→ Common Stock (30,000 underlying)
Holdings
- 8,000,000(indirect: By Spouse)
Common Stock
- 9,000(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]Reporting person transferred these shares to a family limited liability company of which the reporting person is the sole voting member with sole dispositive power over the shares, and the reporting person and his wife are the sole beneficial owners.
- [F2]The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose
- [F3]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option with the grant of a replacement option. The option was originally granted on July 31, 2010 and provided for vesting in three equal installments commencing on July, 31, 2011.
Documents
Issuer
Diversified Restaurant Holdings, Inc.
CIK 0001394156
Entity typeother
Related Parties
1- filerCIK 0001434679
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 5:39 PM ET
- Size
- 11.2 KB