MCCOY DEAN A 4
4 · NATIONAL BEVERAGE CORP · Filed Dec 15, 2010
Insider Transaction Report
Form 4
MCCOY DEAN A
SR VP & CAO
Transactions
- Exercise of In-Money
COMMON STOCK
2010-12-13$4.33/sh+3,600$15,588→ 64,770 total - Exercise of In-Money
COMMON STOCK
2010-12-13$1.32/sh+480$634→ 65,250 total - Exercise of In-Money
SPECIAL STOCK OPTION
2010-12-13$4.33/sh−3,600$15,588→ 9,080 totalExercise: $4.33From: 2007-06-12Exp: 2016-02-12→ COMMON STOCK (3,600 underlying) - Exercise of In-Money
SPECIAL STOCK OPTION
2010-12-13$1.32/sh−480$634→ 8,600 totalExercise: $1.32From: 2002-11-05Exp: 2011-07-05→ COMMON STOCK (480 underlying)
Footnotes (1)
- [F1]Options granted under the Company's Special Stock Option Plan vest over an eight year period in relatively equal amounts at approximately 16 month intervals. The exercise price can be reduced and the vesting schedule can be accelerated by the optionee purchasing and maintaining ownership of shares of common stock and/or the Company achieving performance objectives as determined by the Board of Directors. Reference is made to Exhibit 10.12 of the Company's Form 10-K for the year ended May 1, 2010.