SEC Form 4 · accession 0001209191-16-134165
KRISPY KREME DOUGHNUTS INC · KKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Price Cooper IV
Officer — EVP & CFO
Period of report
Jul 27, 2016
Accepted (ET)
Jul 27, 2016 · 5:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001100270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 27, 2016 | A | 17,111 | $0.00 | A | 125,142 | D | |
| Common StockF2,F3 | Jul 27, 2016 | D | 125,142 | $21.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted stock units granted to the Reporting Person on March 24, 2016, whose performance criteria remained subject to time-based vesting conditions immediately prior to consummation of the Merger and were deemed satisfied pursuant to the Agreement and Plan of Merger, dated as of May 8, 2016, by and among the Issuer, Cotton Parent, Inc., Cotton Merger Sub Inc. and JAB Holdings B.V. (the "Merger Agreement").
- F216,339 shares disposed pursuant to the Merger Agreement, at the effective time of the Merger (as defined in the Merger Agreement), in exchange for $21.00 for each share of the Issuer's common stock held by the Reporting Person.
- F3108,803 unvested restricted stock units disposed pursuant to the Merger Agreement, in which, at the effective time of the Merger, each unvested restricted stock unit was cancelled and converted into the right to receive a cash payment equal to the product of (x) the number of shares of the Issuer's common stock subject to each share unit and (y) $21.00.