NATIONAL BEVERAGE CORP 4
4 · NATIONAL BEVERAGE CORP · Filed Dec 18, 2014
Insider Transaction Report
Form 4
CAPORELLA JOSEPH G
DirectorPRESIDENT
Transactions
- Exercise of In-Money
KEEP STOCK OPTION
2014-12-17$0.01/sh−2,200$22→ 100,000 totalExercise: $0.01From: 2013-07-24Exp: 2017-07-23→ COMMON STOCK (2,200 underlying) - Exercise of In-Money
COMMON STOCK
2014-12-17$0.01/sh+2,200$22→ 365,600 total
Footnotes (2)
- [F1]Securities were acquired by exercising certain options granted to the reporting person under the Company's Key Employee Equity Partnership Program ("KEEP') on July 24, 2007. Reference is made to the derivative security table and footnote 2 of this Form 4.
- [F2]KEEP participants receive a grant equal to 50% of the number of shares of the Company's common stock purchased on the open market. KEEP options are granted at an initial exercise price of 60% of the purchase price of the shares acquired and such price is reduced to the par value of the Company's common stock over a six year vesting period. Reference is made to Exhibit 10.8 of the Company's Form 10-K for the year ended May 3, 2014.