SEC Form 4 · accession 0001140361-15-019469

COSI INC · COSI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CEO and President · Director

Period of report

May 11, 2015

Accepted (ET)

May 13, 2015 · 9:04 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001171014

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, par value $0.01^F1	May 11, 2015	A	135,747	$0.00	A	2,665,961	D
Common Stock, par value $0.01^F2	May 11, 2015	A	67,873	$0.00	A	2,733,834	D
Common Stock, par value $0.01	holding	—	—		—	17,182	I	By spouse

No Table II lines on this filing.

F1These restricted shares were granted to the reporting person on May 11, 2015, under the Amended and Restated Omnibus Plan, as an annual bonus for 2014 performance. Fifty percent (50%) of the shares vested immediately upon grant, and fifty percent (50%) of the shares will vest on March 1, 2016, provided the reporting person remains continuously employed by the Company through the vesting date.
F2These restricted shares were granted to the reporting person on May 11, 2015, under the Amended and Restated Omnibus Plan, as long-term stock incentive for 2014 performance. Fifty percent (50%) of the shares will vest in four equal annual installments commencing on the first anniversary of the date of award, provided that the reporting person remains in the continuous employ of the Company through each such vesting date. Fifty percent (50%) of the shares will vest in four equal installments commencing on the date of award on the first day the price exceeds the specified price targets for a period of 30 consecutive trading days: $3.50, $4.00, $4.50 and $5.00, provided that the reporting person remains in the continuous employ of the Company through each such vesting date.