4//SEC Filing
Spangler Weldon W. 4
Accession 0001592379-19-000005
CIK 0001592379other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 7:08 PM ET
Size
10.8 KB
Accession
0001592379-19-000005
Insider Transaction Report
Form 4
Spangler Weldon W.
DirectorPresident and CEO
Transactions
- Award
Stock Options (right to buy)
2019-01-01$4.75/sh+67,556$320,891→ 184,613 totalExercise: $4.75Exp: 2029-01-01→ Common Stock (67,556 underlying) - Award
Stock Options (right to buy)
2019-01-01$4.75/sh+117,057$556,021→ 117,057 totalExercise: $4.75Exp: 2029-01-01→ Common Stock (117,057 underlying) - Award
Performance Share Units
2019-01-01+61,796→ 61,796 total→ Common Stock (61,796 underlying)
Footnotes (5)
- [F1]Stock Option granted under the 2010 Management Incentive Plan and becomes exercisable with respect to 33-1/3% of the shares on each of the first three anniversaries of the date of the grant.
- [F2]Stock Option granted under the 2014 Management Incentive Plan and becomes exercisable with respect to 33-1/3% of the shares on each of the first three anniversaries of the date of the grant.
- [F3]Performance share units ("PSUs") granted under the 2014 Management Incentive Plan represent shares of Papa Murphy's Holdings, Inc. ("Papa Murphy's") common stock to which the reporting person will be entitled. Each PSU represents the right to receive, at settlement, one share of Papa Murphy's common stock.
- [F4]The number of PSUs represents the target number of shares of Papa Murphy's common stock to which the reporting person will be entitled. The actual number of shares associated with the grant will depend on the achievement of certain specified performance criteria during the 2019 fiscal year including stock price performance and adjusted EBITDA performance.
- [F5]Subject to the achievement of certain specified performance criteria, each PSU will vest on the earilest of 50% on the second anniversary of the date of the grant and 50% on the third anniversary of the date of the grant, Papa Murphy's common stock trading at $10.00 or higher for 90 consecutive days, or a change in control.
Documents
Issuer
Papa Murphy's Holdings, Inc.
CIK 0001592379
Entity typeother
Related Parties
1- filerCIK 0001656677
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 7:08 PM ET
- Size
- 10.8 KB