SEC Form 4 · accession 0001209191-15-006881
KONA GRILL INC · KONA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Martin Newman
Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 27, 2015 · 8:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001265572
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 26, 2015 | M | 11,000 | $8.71 | A | 11,000 | D | |
| Common StockF1 | Jan 26, 2015 | S | 11,000 | $23.84 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F2 | $8.71 | Jan 26, 2015 | M | 11,000 | D | — | Feb 6, 2018 | Common Stock | 11,000 | 0 | D |
Explanation of responses
- F1Price reported is a weighted average price. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 8, 2014 and amended on November 25, 2014, at prices ranging from $23.12 to $24.00, inclusive. The reporting person undertakes to provide Kona Grill, Inc. (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 specified above.
- F2All options were exercisable at the transaction date.