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4//SEC Filing

sheridan stanley michael 4

Accession 0001437749-20-014853

CIK 0000069891other

Filed

Jul 7, 8:00 PM ET

Accepted

Jul 8, 5:23 PM ET

Size

6.9 KB

Accession

0001437749-20-014853

Insider Transaction Report

Form 4
Period: 2020-07-06
Transactions
  • Exercise of In-Money

    Special Stock Option

    2020-07-064,00011,000 total
    Exercise: $5.67Common Stock (4,000 underlying)
  • Exercise of In-Money

    Common Stock

    2020-07-06$5.67/sh+4,000$22,68036,704 total
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. Mr. Stanley M. Sheridan's option was granted on July 28, 2010, became fully vested on March 28, 2019, and was set to expire on July 27, 2020. Reference is made to Exhibit 10.6 of the Company's Form 10-K for the year ended May 2, 2020.

Issuer

NATIONAL BEVERAGE CORP

CIK 0000069891

Entity typeother

Related Parties

1
  • filerCIK 0001474689

Filing Metadata

Form type
4
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 5:23 PM ET
Size
6.9 KB