SEC Form 4 · accession 0001209191-16-114489
POPEYES LOUISIANA KITCHEN, INC. · PLKI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Lynch
Officer — Chief Global Brand Officer
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 11:42 am EDT
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 | Apr 14, 2016 | M | 8,300 | $8.30 | A | 51,929 | D | |
| Common StockF2,F3 | Apr 14, 2016 | S | 8,300 | $52.7826 | D | 43,629 | 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) | $8.30 | Apr 14, 2016 | M | 8,300 | D | Aug 31, 2010 | Aug 31, 2016 | Common Stock | 8,300 | 0 | 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 $52.54 to $53.09. 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 1,851 restricted stock shares previously granted, subject to time vesting.