SEC Form 4 · accession 0001437749-15-021139
BUFFALO WILD WINGS INC · BWLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sally J Smith
Officer — CEO & President · Director
Period of report
Nov 16, 2015
Accepted (ET)
Nov 18, 2015 · 4:17 pm EST
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 | Nov 16, 2015 | M | 8,359 | $31.00 | A | 62,896 | D | |
| Common Stock | Nov 16, 2015 | M | 6,155 | $48.35 | A | 69,051 | D | |
| Common Stock | Nov 16, 2015 | S | 1,000 | $148.48 | D | 68,051 | D | |
| Common StockF2 | Nov 16, 2015 | S | 2,000 | $150.0284 | D | 66,051 | D | |
| Common StockF3 | Nov 16, 2015 | S | 6,580 | $148.5374 | D | 59,471 | D | |
| Common StockF4 | Nov 16, 2015 | S | 3,500 | $149.1757 | D | 55,971 | D | |
| Common StockF5 | Nov 16, 2015 | S | 1,700 | $150.2865 | D | 54,271 | D | |
| Common StockF6 | Nov 16, 2015 | S | 2,734 | $151.7117 | D | 51,537 | 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)F7 | $31.00 | Nov 16, 2015 | M | 8,359 | D | — | Dec 27, 2015 | Common Stock | 8,359 | 5,200 | D |
| Stock Option (right to buy)F7 | $48.35 | Nov 16, 2015 | M | 6,155 | D | — | Dec 25, 2016 | Common Stock | 6,155 | 2,052 | D |
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2015.
- F2Reflects the weighted average price of 2,000 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on November 16, 2015 with sale prices ranging from $150.00 to $150.16 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.
- F3Reflects the weighted average price of 6,580 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on November 16, 2015 with sale prices ranging from $147.83 to $148.83 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.
- F4Reflects the weighted average price of 3,500 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on November 16, 2015 with sale prices ranging from $148.85 to $149.79 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 1,700 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on November 16, 2015 with sale prices ranging from $149.86 to $150.53 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 2,734 shares of common stock of Buffalo Wild Wings, Inc. sold by the reporting person in multiple transactions on November 16, 2015 with sale prices ranging from $151.04 to $152.04 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.
- F7Fully vested.