SEC Form 4 · accession 0001209191-16-151705
NUTRI SYSTEM INC /DE/ · NTRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dawn M. Zier
Officer — President and CEO · Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 4:18 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 stock | Nov 21, 2016 | M | 25,000 | $7.31 | A | 247,171 | D | |
| Common stockF2 | Nov 21, 2016 | S | 25,000 | $35.8067 | D | 222,171 | 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) | $7.31 | Nov 21, 2016 | M | 25,000 | D | Nov 15, 2016 | Nov 15, 2019 | Common Shares | 25,000 | 293,908 | D |
Explanation of responses
- F1Sale pursuant to a 10(b)5-1 plan.
- F2The price reported is a weighted average price. These shares were gifted in multiple transactions at prices ranging from $35.3500 to $36.0500, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.