SEC Form 4 · accession 0001209191-16-128394
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
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 1:12 pm EDT
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 stock | Jun 15, 2016 | M | 20,000 | $8.38 | A | 107,362 | D | |
| Common stock | Jun 15, 2016 | S | 20,000 | $24.898 | D | 87,362 | 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)F2 | $8.38 | Jun 15, 2016 | M | 20,000 | D | — | Feb 11, 2020 | Common Shares | 20,000 | 150,014 | D |
Explanation of responses
- F1Sale pursuant to a 10(b)5-1 plan.
- F2Options vest in four equal tranches from the grant date of 02/11/2013.