SEC Form 4 · accession 0001209191-15-084903
POPEYES LOUISIANA KITCHEN, INC. · PLKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cheryl A Bachelder
Officer — CEO
Period of report
Jun 26, 2015
Accepted (ET)
Dec 14, 2015 · 1:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041379
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 24, 2015 | G | 8,200 | $0.00 | D | 149,654 | D | |
| Common Stock | Dec 11, 2015 | M | 16,297 | $10.94 | A | 165,951 | D | |
| Common StockF2,F3 | Dec 11, 2015 | S | 16,297 | $57.8419 | D | 149,654 | D | |
| Common StockF4 | holding | — | — | — | 66,923 | I | By GRAT |
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) | $10.94 | Dec 11, 2015 | M | 16,297 | D | Apr 5, 2011 | Apr 5, 2020 | Common Stock | 16,297 | 45,714 | D |
Explanation of responses
- F1Stock option exercise and shares sold pursuant to 10b5-1 trading plan.
- F2Price represents the weighted average sales price. The shares were sold pursuant to a single order in multiple transactions at prices ranging from $57.27 to $58.18. Upon request by SEC staff, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3The balance includes 13,868 restricted stock shares previously granted, subject to time vesting.
- F4On June 26, 2015, the reporting person contributed 66,923 shares of Popeyes common stock to a grantor retained annuity trust for the benefit of herself.