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4//SEC Filing

CONLEE CECIL D 4

Accession 0001437749-23-035437

CIK 0000069891other

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 4:45 PM ET

Size

7.2 KB

Accession

0001437749-23-035437

Insider Transaction Report

Form 4
Period: 2023-12-22
Transactions
  • Exercise/Conversion

    Special Stock Option

    2023-12-2224,00018,000 total
    Exercise: $1.50Common Stock (24,000 underlying)
  • Exercise/Conversion

    Common Stock

    2023-12-22$1.50/sh+24,000$36,00072,480 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. Conlee's option was granted on August 27, 2014, became fully vested on April 27, 2023, and was set to expire on August 26, 2024. Reference is made to Exhibit 10.6 of the Company's Form 10-K for the year ended April 29, 2023.

Issuer

NATIONAL BEVERAGE CORP

CIK 0000069891

Entity typeother
IncorporatedTN

Related Parties

1
  • filerCIK 0001024406

Filing Metadata

Form type
4
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 4:45 PM ET
Size
7.2 KB