SEC Form 4 · accession 0001209191-17-014256
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
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 3:41 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 StockF1,F2,F3 | Feb 22, 2017 | A | 29,202 | $0.00 | A | 219,915 | D | |
| Common StockF3 | holding | — | — | — | 48,115 | I | GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting person was awarded performance shares under the 2006 Incentive Plan subject to both the meeting of certain performance goals and continued employment to a certain date. The compensation committee determined on February 22, 2017 that the performance goals had been met as to 29,202 shares of a grant on April 5, 2014; those shares vesting entirely upon continued employment until April 5, 2017.
- F2The balance includes 9,876 restricted stock shares previously granted, subject to time vesting.
- F3Share balances have been adjusted to reflect a distribution on July 12, 2016 by Reporting Peron's GRAT to Reporting Person direct ownership of 18,808 shares which transaction was a change in the nature of beneficial ownership exempt from reporting and matching.