SEC Form 4 · accession 0001209191-17-004278
BJs RESTAURANTS INC · BJRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Walsh
Director
Period of report
Jan 15, 2017
Accepted (ET)
Jan 18, 2017 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013488
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par valueF3,F4 | Jan 15, 2017 | A | 1,391 | $35.95 | A | 19,844 | D | |
| Common Stock, no par valueF1 | holding | — | — | — | 525,166 | I | By PW Partners Atlas Fund II LP | |
| Common Stock, no par valueF2 | holding | — | — | — | 9,753 | I | By PW Partners Atlas Fund III LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF5 | $35.95 | Jan 15, 2017 | A | 4,153 | A | Jan 15, 2018 | Jan 15, 2027 | Common Stock | 4,153 | 0 | D |
Explanation of responses
- F1Represents securities owned directly by PW Partners Atlas Fund II LP ("Atlas Fund II"). The Reporting Person, solely by virtue of his position as the Managing Member of PW Capital Management, the Investment Manager of Atlas Fund II, and as the Managing Member and Chief Executive Officer of Atlas Fund GP, the General Partner of Atlas Fund II, may be deemed to beneficially own the securities owned directly by Atlas Fund II. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F2Represents securities owned directly by PW Partners Atlas Fund III LP ("Atlas Fund III"). The Reporting Person, solely by virtue of his position as the Managing Member of PW Partners Capital Management LLC ("PW Capital Management"), the Investment Manager of Atlas Fund III, and as the Managing Member and Chief Executive Officer of PW Partners Atlas Funds, LLC ("Atlas Fund GP"), the General Partner of Atlas Fund III, may be deemed to beneficially own the securities owned directly by Atlas Fund III. The Reporting Person expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
- F3These restricted stock units vest 33.3% per year beginning on January 15, 2018.
- F4Amount includes 2,788 of unvested Restricted Stock Units.
- F5These stock options vest 33.3% per year beginning on January 15, 2018.