SEC Form 4 · accession 0001209191-18-002510
NUTRI SYSTEM INC /DE/ · NTRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Monahan
Officer — Chief Financial Officer
Period of report
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 5:23 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 3, 2018 | F | 1,143 | $52.05 | D | 46,660 | D | |
| Common stockF1 | Jan 4, 2018 | F | 564 | $50.40 | D | 46,096 | D | |
| Common stock | Jan 5, 2018 | M | 6,042 | $18.98 | A | 52,138 | D | |
| Common stock | Jan 5, 2018 | M | 3,958 | $20.94 | A | 56,096 | D | |
| Common stockF3 | Jan 5, 2018 | S | 6,042 | $49.60 | D | 50,054 | D | |
| Common stockF3 | Jan 5, 2018 | S | 3,958 | $49.60 | D | 46,096 | 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) | $18.98 | Jan 5, 2018 | M | 6,042 | D | Jan 2, 2018 | Jan 2, 2022 | Common Shares | 6,042 | 18,072 | D |
| Common stock options, .001 (right to buy) | $20.94 | Jan 5, 2018 | M | 3,958 | D | Jan 4, 2018 | Jan 4, 2023 | Common Shares | 3,958 | 14,114 | D |
Explanation of responses
- F1Withholding of common stock to cover tax liability.
- F2Sale pursuant to a 10(b)5-1 plan.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.35 to $50.50, 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.