SEC Form 4 · accession 0001437749-15-016086
BUFFALO WILD WINGS INC · BWLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary J Twinem
Officer — Exec VP, CFO & Treasurer
Period of report
Aug 14, 2015
Accepted (ET)
Aug 18, 2015 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062449
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 14, 2015 | M | 2,357 | $48.35 | A | 43,064 | D | |
| Common Stock | Aug 14, 2015 | M | 2,004 | $53.75 | A | 45,068 | D | |
| Common Stock | Aug 14, 2015 | M | 1,352 | $94.42 | A | 46,420 | D | |
| Common Stock | Aug 14, 2015 | M | 1,613 | $87.53 | A | 48,033 | D | |
| Common Stock | Aug 14, 2015 | M | 534 | $147.52 | A | 48,567 | D | |
| Common StockF1 | Aug 14, 2015 | S | 7,860 | $195.825 | D | 40,707 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $48.35 | Aug 14, 2015 | M | 2,357 | D | — | Dec 25, 2016 | Common Stock | 2,357 | 0 | D |
| Employee Stock Option (right to buy)F2 | $53.75 | Aug 14, 2015 | M | 2,004 | D | — | Dec 31, 2017 | Common Stock | 2,004 | 0 | D |
| Employee Stock Option (right to buy)F3 | $94.42 | Aug 14, 2015 | M | 1,352 | D | — | Dec 30, 2018 | Common Stock | 1,352 | 622 | D |
| Employee Stock Option (right to buy)F4 | $87.53 | Aug 14, 2015 | M | 1,613 | D | — | Dec 29, 2019 | Common Stock | 1,613 | 1,613 | D |
| Employee Stock Options (right to buy)F5 | $147.52 | Aug 14, 2015 | M | 534 | D | — | Dec 27, 2020 | Common Stock | 534 | 1,603 | D |
Explanation of responses
- F1Reflects the weighted average price of shares sold by the reporting person in multiple transactions on August 14, 2015 at prices ranging from $195.69 to $195.87 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2Fully vested.
- F3The options vest in four equal installments on each of December 30, 2012, December 29, 2013, December 28, 2014 and December 27, 2015.
- F4The options vest in four equal installments on each of December 29, 2013, December 28, 2014, December 27, 2015 and December 25, 2016.
- F5The options vest in four equal installments on each of December 28, 2014, December 27, 2015, December 25, 2016 and December 31, 2017.