SEC Form 4 · accession 0001127602-16-061387
FLOWERS FOODS INC · FLO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George E Deese
Director · Other
Period of report
Aug 25, 2016
Accepted (ET)
Aug 29, 2016 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001128928
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 25, 2016 | M | 587,587 | $11.11 | A | 3,288,625 | D | |
| Common StockF1 | Aug 25, 2016 | S | 235,000 | $15.1641 | D | 3,053,625 | D | |
| Common StockF2 | Aug 26, 2016 | S | 227,500 | $15.1135 | D | 2,826,125 | D | |
| Common StockF3 | holding | — | — | — | 24,050 | I | By 401(k) | |
| Common StockF4 | holding | — | — | — | 50,301 | I | By Spouse | |
| Common StockF5 | holding | — | — | — | 150,000 | I | By Family LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F6 | $11.11 | Aug 25, 2016 | M | 587,587 | D | Feb 9, 2013 | Dec 31, 2016 | Common Stock | 587,587 | 0 | D |
| Deferred StockF7,F8,F9 | — | holding | — | — | — | May 25, 2017 | — | Common Stock | 6,934 | 6,934 | D |
Explanation of responses
- F1Average price of trade executions in a range from a high of $15.2855 to a low of $15.00
- F2Average price of trade executions in a range from a high of $15.34 to a low of $15.00.
- F3Total includes exempt acquisitions of shares allocated to reporting person under Issuer's 401(k) Plan, based on a plan statement dated as of 12/31/2015.
- F4Beneficial ownership is disclaimed.
- F5Shares held by family LLC, in which reporting person and his spouse are the only members.
- F6Granted pursuant to the Flowers Foods, Inc. 2001 Equity and Performance Incentive Plan.
- F7Granted under the Flowers Foods, Inc. 2014 Omnibus Equity and Incentive Compensation Plan.
- F8In accordance with the terms of the Deferred Shares Agreement for Directors, the deferred shares awarded do not have a conversion or exercise price.
- F9No expiration date.