SEC Form 4 · accession 0001209191-16-088973
NUTRI SYSTEM INC /DE/ · NTRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keira Krausz
Officer — Chief Marketing Officer
Period of report
Jan 2, 2016
Accepted (ET)
Jan 5, 2016 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096376
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jan 2, 2016 | F | 921 | $21.64 | D | 78,025 | D | |
| Common stockF2 | Jan 4, 2016 | A | 5,372 | $0.00 | A | 83,397 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common stock options, .001 (right to buy)F3 | $20.94 | Jan 4, 2016 | A | 18,778 | A | — | Jan 4, 2023 | Common Shares | 18,778 | 170,014 | D |
Explanation of responses
- F1Withholding of common stock to cover tax liability.
- F2Restricted shares were granted on January 4, 2016. Shares vest over three years in equal installments on January 4th of each year. Price per share on day of grant is $20.94.
- F3Options were granted pursuant to an employee stock option plan. Options vest over a three year vesting period from date of issuance.