SEC Form 4 · accession 0001437749-15-016330
BUFFALO WILD WINGS INC · BWLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Schmidt
Officer — Chief Operating Officer
Period of report
Aug 20, 2015
Accepted (ET)
Aug 24, 2015 · 4:01 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 20, 2015 | M | 1,380 | $48.35 | A | 35,376 | D | |
| Common Stock | Aug 20, 2015 | M | 831 | $53.75 | A | 36,207 | D | |
| Common Stock | Aug 20, 2015 | M | 958 | $53.75 | A | 37,165 | D | |
| Common Stock | Aug 20, 2015 | M | 1,546 | $94.42 | A | 38,711 | D | |
| Common Stock | Aug 20, 2015 | M | 2,086 | $87.53 | A | 40,797 | D | |
| Common StockF4 | Aug 20, 2015 | S | 3,000 | $192.9057 | D | 37,797 | D | |
| Common StockF5 | Aug 20, 2015 | S | 3,000 | $193.7737 | D | 34,797 | D | |
| Common StockF6 | Aug 20, 2015 | S | 801 | $194.4861 | D | 33,996 | 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)F1 | $48.35 | Aug 20, 2015 | M | 1,380 | D | — | Dec 25, 2016 | Common Stock | 1,380 | 2,528 | D |
| Employee Stock Option (right to buy)F1 | $53.75 | Aug 20, 2015 | M | 831 | D | — | Dec 31, 2017 | Common Stock | 831 | 3,002 | D |
| Employee Stock Option (right to buy)F1 | $53.75 | Aug 20, 2015 | M | 958 | D | — | Dec 31, 2017 | Common Stock | 958 | 2,044 | D |
| Employee Stock Option (right to buy)F2 | $94.42 | Aug 20, 2015 | M | 1,546 | D | — | Dec 30, 2018 | Common Stock | 1,546 | 1,217 | D |
| Employee Stock Option (right to buy)F3 | $87.53 | Aug 20, 2015 | M | 2,086 | D | — | Dec 29, 2019 | Common Stock | 2,086 | 2,085 | D |
Explanation of responses
- F1Fully vested.
- F2The option vests in four annual installments on each of 12/30/2012, 12/29/2013, 12/28/2014, 12/27/2015
- F3The option vests in four annual installments on each of 12/29/2013, 12/28/2014, 12/27/2015, and 12/25/2016
- F4Reflects the weighted average price of 3,000 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on August 20, 2015 with sale prices ranging from $192.37 to $193.32 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.
- F5Reflects the weighted average price of 3,000 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on August 20, 2015 with sale prices ranging from $193.37 to $194.215 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.
- F6Reflects the weighted average price of 801 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on August 20, 2015 with sale prices ranging from $194.40 to $194.58 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.