SEC Form 4 · accession 0001179110-15-004882
FAMOUS DAVES OF AMERICA INC · DAVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward H Rensi
Officer — Chief Executive Officer · Director
Period of report
Mar 12, 2015
Accepted (ET)
Mar 13, 2015 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 12, 2015 | P | 1,660 | $30.0942 | A | 1,660 | D | |
| Common StockF2 | Mar 13, 2015 | P | 790 | $30.8516 | A | 2,450 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $19.81 | holding | — | — | — | — | Jan 10, 2024 | Common Stock | 20,000 | 20,000 | D |
| Stock Option (right to buy)F4 | $19.95 | holding | — | — | — | — | Feb 10, 2019 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (right to buy)F5,F6 | — | holding | — | — | — | — | Jan 15, 2020 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.865 to $30.59, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
- F2The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.64 to $30.98, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
- F3Option vests in five equal installments of 4,000 shares each on 1/10/2015, 1/10/2016, 1/10/2017, 1/10/2018 and 1/10/2019.
- F4Option vests in two equal installments of 12,500 shares each on 2/10/2014 and 2/10/2015.
- F5The option exercise prices are as follows: 25,000 shares at $28.75; 25,000 shares at $30.00; and 25,000 shares at $35.00.
- F6Option vests in three equal installments of 25,000 shares each on 1/15/2016, 1/15/2017 and 1/15/2018.